The House of Representatives approved on third and final reading a bill lowering the optional retirement age of government personnel from 60 years to 56 years. | zacariansINQ
“It’s surely more fun to live life without work-related stress,” Romualdez added.
Authors of the said bill also noted that Filipinos need more rest to live longer, acknowledging that the average life expectancy of a Filipino is shorter than other nationals. The said bill is a consolidation of 13 related measures, which states that a government worker-GSIS member would be entitled to retirement benefits if they are at least 56 years of age at the time of retirement, and has rendered service for at least 15 years and not receiving a monthly pension for permanent total disability.
Under RA 8291, a retiring member could opt for a five-year lump sum of benefits, with his monthly pension to be paid after five years, or cash equivalent to 18 months, with the payment of his pension taking effect immediately.With this, government personnel’s retirement age at 56 put it at par with members of the military and the police.
Authors of HB 206 include House Majority Leader Manuel Jose “Mannix” Dalipe, Reps. France Castro, Arlene Brosas, Raoul Manuel, Maria Zamora, Marlyn Primicias-Agabas, Joseph “Caraps” Paduano, Christopherson “Coco” Yap, Lorna Silverio, Edwin Olivarez, Reynante Arrogancia, Luis Raymund “Lray” Villafuerte Jr., Miguel Luis Villafuerte, Patrick Michael Vargas, Joseph Gilbert Violago, Edgar Chatto, Gabriel Bordado Jr.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House panel OKs bill institutionalizing CHEd’s tertiary education equivalency programA House of Representatives committee has approved a proposed measure that will institutionalize the Expanded Tertiary Education Equivalency and Accreditation Program of the CHEd. | GabrielLaluINQ
Read more »
House panel OKs bills on new TESDA centers nationwideThe House Committee on Higher and Technical Education approved on Monday, Jan. 30, 25 bills that would establish technical vocation training centers in various municipalities and cities in the country.
Read more »
House panel OKs bill on PHL maritime zones | Jovee Marie de la CruzThe House Committee on Foreign Affairs approved on Monday an unnumbered substitute bill declaring the maritime zones under the jurisdiction of the Republic of the Philippines. The panel, chaired by Pangasinan Rep. Ma. Rachel Arenas, expeditiously passed the measure, which was already approved on third and final reading in the…
Read more »
Senate OKs bill converting Carmona, Cavite into city on final readingThe Senate of the Philippines on Monday approved on third and final reading a bill which seeks to convert the town of Carmona, Cavite into a city.
Read more »
Lawmaker quizzes powers of Congress’ sec.-general to nix Comelec-proclaimed post from House roster | Jovee Marie de la CruzAN embattled lawmaker has queried the House of Representatives’ Legal Affairs Department to address issues raised against the power of the secretary-general to remove a duly-elected and proclaimed congressman from the Lower House’s official roster. In his letter sent yesterday to Deputy Secretary General Atty. Annalou S. Nachura, Congressman-elect Romeo…
Read more »
House bills allows PBBM to hold PhilHealth rate hikeLeaders of the House of Representatives, headed by Speaker Martin Romualdez, have filed an urgent bill seeking to empower President Ferdinand Marcos Jr. to suspend the increase in premiums of “direct contributors” of the Philippine-- READ MORE:
Read more »