What is the policy for retirees after the conversion of former public institutions into enterprises?

Men who have reached the age of 50 and women who have reached the age of 45, or those who have worked for more than 25 years, may leave their posts early if they so wish and with the approval of the organization. In the statutory retirement age, receive the basic salary at the time of leaving the post, file salary to enjoy the incremental treatment of the incumbent, to the statutory retirement age, together with the calculation of the length of service, the calculation of the retirement fee, in the original unit of the retirement formalities. The medical insurance enjoys the treatment of the original unit, and the housing provident fund is paid on the basis of the standard salary at the time of leaving the post.

The policy of retirement of institutions converted into enterprises is that institutions are converted into enterprises before the social security co-ordination of enterprise workers, employees should be retired in accordance with the retirement of enterprise workers for retirement. Institutions converted into enterprises, the establishment by the establishment of the department of recovery, separate arrangements for integrated use. After the restructuring, the personnel management of the restructured unit will lose its establishment because the personnel management mode will be changed from that of an institution to that of an enterprise. However, due to the different institutional reforms around the world, there is no uniform standard, there are old people old ways, new people new ways, there are all across the board, there are re-competitive recruitment. The specific situation depends on the local policy. From the relevant file currently issued by the provinces, after the transfer of institutions to enterprises, the original retirees will not change the retirement treatment, enjoy the retirement treatment of institutional employees. The adjustment of their basic pension in the future is also in accordance with the relevant policies for institutional retirees. In fact, after the retirement has not occupied the establishment quota, we are mainly concerned about whether the retirement treatment will change after the transfer of enterprises.

The transfer of institutions to enterprises, the retirement of employees is according to the career program to return or according to the enterprise program to return, is to be divided into two kinds of cases for retirement.

1. If the institution is in the enterprise workers social security co-ordination before the transfer to the enterprise, employees in the retirement, should be in accordance with the enterprise workers retirement approach to retirement. Because if the institution is in the enterprise workers social security co-ordination before the transfer to the enterprise, the institution's employee participation and deemed contributions to the situation, and the enterprise employee's participation and deemed contributions to the situation is recognized as the same. So it is perfectly reasonable to handle retirement according to the enterprise.

2. If the institution is in the enterprise after the implementation of social security co-ordination of employees into enterprises, employees in the retirement, can not be completely in accordance with the method of enterprise employees for retirement for retirement. This is because the social security contributions of the employees of the organization only started in 2014. Therefore, when employees who have been transferred to enterprises, the years of service before they were transferred to enterprises should be counted as deemed years of contribution when applying for retirement. Because the employee's years of work during this period of non-payment of social security, not the employee's personal non-payment, but the policy led to the employee can not pay.

Working years of 20 years and less than 5 years from the statutory retirement age (including 5 years), or working years of 30 years of career staff, I voluntarily apply for approval can be early retirement. Early retirement is still in accordance with the original standard approved pension. Where the working life of 30 years; or men aged 53 years old, women aged 48 years old (45 years old female workers) and 20 years of service, upon application, in accordance with the authority of personnel management reported to the relevant municipal departments for approval, allowed early retirement.

Legal basis:

The People's Republic of China **** and the State Civil Servants Law Article 53 Civil servants must abide by the discipline, and shall not engage in the following behaviors: engage in or participate in profit-making activities, and hold concurrent positions in enterprises or other profit-making organizations.