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No. 185449, 12 November 2014) an employee is entitled to the payment of separation pay aside from the retirement pay due him or her: In the absence of an express or implied prohibition against it, collection of both retirement benefits and separation pay upon severance from employment is allowed.
Give a date. Early in the letter, give a specific date for your retirement. Mention your successes at the company. Express gratitude. Offer your services. Send the letter to Human Resources. Provide contact information.
The retirement age in China currently is 60 for men and 55 for female civil servants and 50 for female workers.
VRS applies to employees who have completed 10 years of service or are above the age of 40 years. It applies to workers, executives of companies and/or to an authority of a co-operative society (except company/co-operative society directors).
Separation means leaving UC employment. Retirement is your election to receive income from UC's Retirement Plan.