When the enterprise is restructured and diverted, employees who meet the internal retirement conditions within 5 years from the statutory retirement age can retire internally by the original main enterprise or the restructured enterprise controlled by the state-owned legal person after consultation with the employees. Before the restructuring, employees have gone through internal retirement procedures, and the original main enterprise will generally continue to fulfill the internal retirement agreement with employees. If the original internal retirement agreement is fulfilled by the restructured enterprise, it should be made clear in the overall plan of restructuring and diversion. Workers who are less than five years away from retirement age may resign and take a rest upon their own application and the approval of enterprise leaders. During the employee's leave, the enterprise will pay his living expenses.

Where retirement expenses have been co-ordinated, enterprises and retired workers shall pay the basic old-age insurance premiums in accordance with relevant regulations. When employees reach the retirement age stipulated by the state during retirement, they should go through retirement procedures according to regulations. During the period when employees retire from their jobs, they shall be regarded as the length of service, which shall be combined with the previous length of service.

During the employee's leave, the enterprise will pay his living expenses. Where retirement expenses have been co-ordinated, enterprises and retired workers shall pay the basic old-age insurance premiums in accordance with relevant regulations. When employees reach the retirement age stipulated by the state during retirement, they should go through retirement procedures according to regulations. Institutions can also handle internal retirement. Simply put, it is in the post.

Application conditions

According to the relevant policies of enterprise restructuring in provinces, cities and counties (Hunan), those who meet one of the following two conditions can go through the formalities of internal support: 1, and the time of restructuring is not more than 5 years from the legal normal retirement age, that is, men are 55 years old and women are 45 years old; 2, engaged in special types of work and has reached the prescribed age at the time of restructuring, that is, men over 50 years of age, women over 40 years of age.

Legal basis:

Interim Measures of the State Council on Retirement and Resignation of Workers Article 1 Workers in enterprises and institutions owned by the whole people, state organs and people's organizations shall retire if they meet one of the following conditions:

(a) men over 60 years of age, women over 50 years of age, continuous service for ten years.

(2) Those who are engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health, and have reached the age of 55 for men and 45 for women, and have worked continuously for ten years. This provision also applies to grassroots cadres whose working conditions are the same as those of workers.

(3) The male has reached the age of 50, the female has reached the age of 45, and has worked continuously for ten years, and has been certified by the hospital and confirmed by the labor appraisal committee, and has completely lost the ability to work.

(four) work-related disability, proved by the hospital, and confirmed by the labor appraisal committee, completely lost the ability to work.