Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies

THE GOVERNMENT

Decree No. 63/2015/ND-CP dated July 22, 2015 of the Government providing the policies towards redundant employment in accordance with the restructuring of state-owned one member limited companies

Pursuant to the Law on Government organization dated December 25, 2001;

Pursuant to the Labor Code dated June 18, 2012;

At the request of the Minister of Labor, War Invalids and Social Affairs,

The Government promulgates the Decree providing for policies towards redundant employees due to the restructuring of state-owned one member limited companies.

Article 1. Scope of adjustment

This Decree provides for policies towards redundant employees in state-owned one member limited companies affiliated to Ministries, ministerial-level agencies, Governmental agencies, People’s Committees of provinces; parent companies of state-owned economic corporations, parent companies of state-owned general companies, parent companies of groups of companies - parent companies that are restructured according to the plans approved by competent agencies (hereinafter referred to as restructured companies), including:

1. Equitization, sale.

2. Conversion into multi-member limited liability companies.

3. Conversion into public service providers.

4. Merger, amalgamation, split-up, separation.

5. Dissolution, bankruptcy.

Article 2. Subject of application

1. Redundant employees in restructured companies specified in Article 1 of this Decree, including:

a) Employees on the list of regular employees of the restructured companies according to the regulations in Clause 1, 2, 3 and 4 Article 1 of this Decree that were recruited before April 21^st, 1998 (when the Directive No. 20/1998/CT-TTg made by the Prime Minister on the promotion of restructuring and renovation of state-owned enterprises is applicable), including:

- Employees who were working for company, by the time of restructuring, the company cannot give them any job after taking every possible measure;

- Employees who are on the enterprises payrolls but have no work to do and, by the time of restructuring, the company still cannot give them any job;

- Employees working for agriculture or forestry companies undergoing restructuring process who, by the time of restructuring, are not given jobs or allocated land.