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ANSWER: If you are required to surrender your green card, you will be issued an I-551 stamp in your passport. That acts as valid proof of your permanent resident status for all purposes, including travel and employment.
There is no guarantee that the new card will be issued by June 2016. However the I-551 stamp, and the Receipt Notice for the application to renew your green card is vaild proof of your lawful status.
Note that even if the card expires, it does not mean your status expires. It just mean that the valid proof of your status expired.
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