House approves gov’t retirement age of 56

UNTV News and Rescue

QUEZON CITY, Philippines – With 206 affirmative votes, the House of Representatives overwhelmingly approved on third and final reading a measure lowering the retirement age of government employees from 60 to 56.

House Bill No. 8683 seeks to amend Section 13-A of Republic Act 8291, otherwise known as the “Government Service Insurance Act of 1997.”

The proposed amendment states that government workers who have reached the age of 56 years may file for retirement.

They will also be entitled to old-age pension for life from the Government Service Insurance System (GSIS).

According to the principal author of the bill, ACT Teachers party-list Rep. Antonio Tinio, an earlier retirement age for government workers will give them time to enjoy their benefits. — Marje Pelayo

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