1, 1, employees must be arranged first to implement enterprise bankruptcy.
The government encourages employees of bankrupt enterprises to find their own jobs.
3. During the period of unemployment of employees of bankrupt enterprises, they shall enjoy unemployment insurance benefits in accordance with the Regulations on Unemployment Insurance for Employees of State-owned Enterprises.
4. Retirement expenses and medical expenses of retired employees of bankrupt enterprises are managed by local social pension and medical insurance institutions.
5. Employees of bankrupt enterprises who are disabled at work or suffer from serious occupational diseases, all or most of whom lose their ability to work, shall be resettled as retired employees.
6. Bankrupt enterprises shall arrange employees with labor contract system in accordance with the Interim Provisions on the Implementation of Labor Contract System in State-owned Enterprises and other laws and administrative regulations, and arrange temporary workers in accordance with the Interim Provisions on the Administration of Temporary Workers in Enterprises Owned by the Whole People.