Beijing Promotes Re-employment by Govn't Allowance

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Last updated at: (Beijing Time) Monday, June 09, 2003

Beijing Promotes Re-employment by Govn't Allowance

Beijing municipal government has taken measures to promote the re-employment of jobless people in the city.

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Beijing municipal government has taken measures to promote the re-employment of jobless people in the city.

The Beijing Labor and Social Security Bureau and Finance Bureau jointly issued a regulation on June 5 concerning allowances for units employing the laid-off people from the state sector or the elderly worker.

According to the regulation, a work unit can receive an allowance of 12,000 to 15,000 RMB yuan (1451-1,814 US dollars) from the government in three to five years if it employs a laid-off worker from the state sector or an elderly unemployed person, females above 40, and males above 50.

The allowance is to encourage work units to employ more jobless people and pay social insurance fees for them.

The regulation is valid for all work units in Beijing.

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