The company handles retirement procedures for employees.

How does the company handle retirement procedures for employees?

Companies need to follow certain procedures and regulations to handle retirement procedures for employees to ensure that employees' rights and interests are protected.

First, inform employees in advance.

One month before the employees reach the statutory retirement age, the company shall promptly notify the employees of their impending retirement and specify the retirement date. This will allow employees enough time to prepare for retirement and arrange their own lives and work.

Second, prepare relevant materials.

In the month when employees reach the statutory retirement age, the company needs to prepare the following materials for employees:

1. Original and photocopy of employee ID card and household registration book;

2. The original and photocopy of the employee's labor contract;

3. Original and photocopy of employee social security payment records;

4. Other materials that may be needed, such as employee physical examination report and medical expense reimbursement documents.

Third, go through retirement procedures.

In the month when employees reach the legal retirement age, the company will go through retirement procedures for employees. Specifically including:

1, go through the social security relief procedures for employees and stop paying social security;

2. Assist employees to apply for pensions, such as filling out relevant forms and providing relevant certification materials;

3. Assist employees to apply for social security subsidies, such as filling out relevant forms and providing relevant certification materials;

4. Other assistance that may be needed, such as assisting employees to handle medical expenses reimbursement.

Fourth, pay related expenses.

After the employee retires, the company shall pay the due pension, social security subsidies and other expenses for the employee in time. The specific payment method and amount shall be implemented in accordance with the relevant regulations of the state and the company.

To sum up, the company needs to follow certain procedures and regulations to handle retirement procedures for employees to ensure that employees' rights and interests are protected. At the same time, the company should also actively cooperate with employees to handle relevant procedures and provide necessary assistance and support.

Legal basis:

Article 73 of the Labor Law of People's Republic of China (PRC) stipulates: "Laborers have the right to get material help from the state and society when they are old, sick or incapacitated." Therefore, the company should provide employees with necessary retirement protection and welfare benefits to ensure that employees' rights and interests are protected.