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Monday, December 10, 2018

House OKs bill lowering gov't retirement age to 56


MANILA -- The House of Representatives on Monday overwhelmingly approved on third and final reading a measure lowering the optional retirement age of government employees from 60 to 56.

With 206 affirmative votes, the chamber passed House Bill 8683 which seeks to amend Section 13-A of Republic Act 8291, otherwise known as the "Government Service Insurance Act of 1997."
Government workers who have reached the age of 56 years may file for retirement and be entitled to old-age pension for life from the GSIS.
ACT Teachers party-list Rep. Antonio Tinio, principal author of the bill, said it is high time to heed the civil servants' clamor for an earlier retirement age for them to "enjoy their retirement benefits for as long as possible."
Tinio said on the part of public-school teachers, teachers in the Philippines retire five years later than those in most countries, noting that retirement age is 60 in most North American, European and Asian countries.
“Respect and humane consideration demand that a person of 55 years -- a few years shy of being a senior citizen -- should not be required to perform the arduous functions expected of a public-school teacher in the Philippines. At such stage of their lives, public school teachers should at least be given the choice if they wish to rest from the profession and enjoy better and healthy years ahead,” Tinio said
Source: PNA

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