Voting 268 against one and one abstention, the House of Representatives on Tuesday approved on third and final reading a bill seeking to lower the optional retirement age for government personnel from 60 years to 56 years.
“They can opt to quit working, receive their benefits, do other activities, and enjoy life in retirement with their loved ones even before they become senior citizens,” he said.Dubbed “An Act lowering the optional retirement age of government workers from 60 years to 56 years, amending for the purpose Section 13-A of Republic Act 8291, otherwise known as The Government Service Insurance System Act of 1997,” House Bill 206 consolidated 13 related measures.
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.Authors of the consolidated bill said their proposal to lower the optional retirement at 56 years would put the rest of government workers at par with members of the military and the police, whose mandatory retirement age is 56.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Republicans oust Ilhan Omar from high-profile US House committeeUS House of Representatives Republicans ousted Democrat Ilhan Omar from a high-profile committee over remarks widely condemned as antisemitic, two years after Democrats removed two Republicans from committee assignments. | Reuters Reuters Reuters 'Elections have consequences '-- Barrack Obama Bye bye! 😆😆😆
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Makabayan bloc blasts bid to expand US access to more military bases in PHThe Makabayan bloc slammed the agreement to add four new Edca sites in the country as it argued that the move further pushes the Philippines into the middle of the tension between the United States and China. | BPinlacINQ BPinlacINQ Manahimik kayo
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Which House leader did Rex approach on his last day as congressman?Rex Gatchalian spent his last day at the House of Representatives Wednesday, Feb. 1 as he had to vacate his seat upon being appointed as Department of Social Welfare and Development (DSWD) secretary by Malacañang.
Source: manilabulletin - 🏆 25. / 51 Read more »
2 dead as grenade explodes inside house in IsabelaGAMU, Isabela—A couple died after a hand grenade exploded inside their bedroom in Barangay District 3 here early Thursday (Feb. 2), police said. Maj. Rickson Cabauatan, Gamu police chief,
Source: inquirerdotnet - 🏆 3. / 86 Read more »
House panel OKs bill on policies to prevent teenage pregnancyThe House Committee on Youth and Sports approved a substitute bill on Thursday, Feb. 2, that would establish a comprehensive policy against teenage pregnancy and provide family planning methods to sexually active minors.
Source: manilabulletin - 🏆 25. / 51 Read more »
Bill extending protection to freelance workers hurdles 2nd House reading | Jovee Marie de la CruzThe House of Representatives has approved on second reading a measure that would protect and promote the welfare of freelance workers in the country. Pangasinan Rep. Christopher de Venecia, chairman of the Special Committee on Creative Industry and Performing Arts and one of the authors of the bill, explained that…
Source: BusinessMirror - 🏆 19. / 59 Read more »