In addition, it is speculated that state-owned enterprises will basically provide employees with enterprise annuities as a supplement to basic old-age insurance; Most private enterprises will not handle enterprise annuities for their employees, so employees of state-owned enterprises will receive an extra pension after retirement than retired employees of private enterprises.
It is precisely because of these two situations that the pensions of employees in state-owned enterprises are generally higher than those in private enterprises.
Article 9 of the Regulations on the Implementation of the Labor Contract Law: The starting time of continuous work 10 year stipulated in Article 14, paragraph 2 of the Labor Contract Law is calculated from the date when the employer recruits the employee, including the working years before the implementation of the Labor Contract Law. Article 10 If a laborer is assigned to work in a new employer for reasons other than his own, the working years of the laborer in the original employer shall be counted as the working years in the new employer. If the original employer has paid economic compensation to the laborer, when the labor contract is dissolved or terminated according to law, the new employer will not calculate the working years of the laborer in the original employer.
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