Retirement Age from 60 to 56


The House of Representatives 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: http://www.pna.gov.ph (Philippine News Agency)

With this approval by the house of representatives, all the government professionals are now in joy that at the age of 56 they can finally rest from service and enjoy their personal lives with their families, travel, and other more interesting and exciting things they deserve to have and experience. The only thing we can do, as of the moment, is to wait for this to take effect and we hope it would be as soon as possible.
Retirement Age from 60 to 56 Retirement Age from 60 to 56 Reviewed by DepEd Click Admin on January 08, 2019 Rating: 5

78 comments:

  1. We would like to ask if 60 years of age , is it mandatory to retire or should continue serving until 65 years old?

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    1. up to 60 yrs old lang po ang mandatory

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    2. 60 is mandatory for private sector; for govt, as of now, 60 is optional, 65 mandatory

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    3. KOREK! DAPAT LANG MAG TAKE EFFECT NA ANG BATAS NA TO SOON PARA MABIGYAN DIN NG OPPORTUNITY IYONG MGA BAGONG QUALIFIED TEACHERS! SANA IPRIORITY NG ADMINISTRASYON NGAYON LALUNG LALO NA NI PANGULOG DUTERTE! GOD BLESS!

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  2. Mandatory or compulsory retirement age is 65 yrs. old.

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  3. Ako po ay isang utility worker,magsi-61 na po ngayong march ayoko pang magretire,syempre maghihintay pa tayo ng increase,puewede ba yon?

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  4. Opo nman. Gang 65 po ang compulsory retirement. Yung 56 n na aprub Optional retirement po yun if gusto nyo magretire ng maaga.

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    Replies
    1. As per new retirement scheme, compulsory or mandatory retirement og all government workers would be 60 years old only

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    2. How shall they fast tract the process? the law must in place now...

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  5. Thanks you po for the Good News... Sir/Ma'am...and more power.

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  6. Pnu kung di pa nareached ung 15 yrs. In service to get pension.? How about 11 yrs. Lng ang service when become 60 yrs. Old magpepension prin ba?

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    1. Pwede pong ipagpatuloy pa nya ang pagtututo kapag hindi pa umabot sa 15 yrs of service considering na hindi pa sya lalagpas ng 65 kasi force retirement na yon. Optional retirement lang kasi yung 56... Yun ang pagkakaintindi ko po...

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  7. What is the status of this bill?

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  8. how about private employees? We just hope that there's also a law that allows 55 or 56 years old private employees can do avail optional retirement.

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    Replies
    1. masyadong maaga pa unless you already prepared your source of income for your retirement or you are good in business.

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  9. If I opt to retire at age 56 with 25 years in service, will I my pension start at age 56 also?

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  10. Its a long awaited day.Thanks oh Lord that it was approved!..Praying that our salary hike soon to augment the basic needs of every empyee...God bless us all teachers.

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  11. What are the benefits of retiring at the age of 56? Baka barya lang dapat included ito sa implimenting rules otherwise the retirement law is in limbo

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  12. Ang private employee po ba ganyan den

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  13. Sa private company pasok din po ba ang 56 yrs of age retirement kasama po ba?

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  14. How about the number of years required in order to get the maximum of 90% of the present Salary?

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  15. what about the minimum 15 years years requirement to gat pension> will it be lowerd also?

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  16. Sana OFWs din. Para mas maaga nla makasama na ung mga pamilya nilang maagang naulila.

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  17. Need pa ba approval ng senate or e adopt ng senate ang version ng lower house.

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  18. Kailan ang target date na mag kakaroon ng IIR ang batas na ito.

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  19. Applicable din ba sa military and pnp?

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    Replies
    1. Sir pnp retirement agd po nila is 55 hindi napo kasali dito ang military may sarili po sila

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    2. Pnp and Militay are in the same retirement age at 56 is mandatory...optional is atleast you have rendered 20 years service.

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  20. Ang nag ret.po ba noong Feb 28,2013 mayron po bang makukuhang defferecial o dagdag sa pension thanks.

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  21. This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value. Im glad to have found this post as its such an interesting one! I am always on the lookout for quality posts and articles so i suppose im lucky to have found this! I hope you will be adding more in the future... assistenza anziani genova

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  22. How about the maximum age of retirement? 65 pa rin po ba?

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    1. yap. . .sa pagkakaintindi ko sa binasa ko ung optional age lamang ang gustong baguhin since marami gusto mag retire ng mas maaga pero 65 pa rin ang mandatory...

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  23. ako po ay dating employee ng mmtc and covered po ng gsis aidudugtong po ba srvice ko dun to my presenr employmentif i retire!

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  24. Sana sinali man lg ang mga private. kawawa naman kasi usually mga government employees malaki sweldo nila at malaki din pension unlike private employees, maliit na nga sweldo maliit pa pension. sanan kasama private employees for optional retirement at age 56.

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  25. Hoping that this bill will also benefit the employees from private companies. Please include us po.

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  26. I just hope that the IRR will be released soon. And I hope the senate will really adopt the lower house decision to fastract the a bill and signed into law..
    Happy

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  27. pareho din naman po ang status ng government employee at private employee.na gusto na rin magpahinga ng mga nasa private employee.sana po may maggawa rin sa mga private employee na umaasa na makkapagretire ng age 56 or 57,58

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  28. kung magiintay pa ng 60years old at may narramdaman na sa katawan.napipilitan na lng pumasok dahil ang iniintay na lng yung 60 years old.knock on wood at nagkasakit na ang employee mas mabuti pa yung magretire ng 56,57,58 na may maganda pang kalusugan para kung ano man ang makukuha na retirm,ent benifits sa company ay maenjoy pa nila na magamit.

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    1. korek, maiksi na pati buhay ng tao ngaun, at kawawa nman ung mga grumadwayt na walang makuhang trabaho, halos buong buhay ay ginugol sa trabajo wala nang panahon sa sarili

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  29. What about private employees? D ba sakop sa bill na ito?

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  30. may opinion po ang gsis sa bill n ito. ma dedeplete po ang funds in certain number of years so baka po di rin ma sustain ang pension ng early retirement or kawawa ng mga mag reretire later kung depleted ang funds.

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  31. This proposed amendment to the GSIS Law would require budget appropriation or an increase in the contribution of active members to ensure the viability of pension fund.

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  32. Ano po ba ang kaibahan ng Optional Retirement at Early Retirement?

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  33. sana isunod na agad ang IRR para magtuluy tuloy na yan at ang gsis di na ipagdidiinan na 60 0r 65 lang ang pwede. Ang ruling kasi nila ngayon,pag naka 15 years ka sa govt service at hindi ka pa 60,wait k muna ng ganyang age para magpension n tayo. Ex 52 ako ngayon, 8 yrs pa ang hihintayin,retire ka na pero ang full benefits at the age of 60.Early retirement na naturingan pero nganga ka muna. At pag me loan balance ka pa, syempre iaawas lahat muna he he.

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  34. 53 yrs old na po ako next month at 23 yrs in service as govt employee, pag nagretired po ba ako at my age 56 ang choices q din po ba ay 18 mos automatic pension & 5 yrs lumpsum?

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  35. how i wish ganoon din sa mga private employees maka retire na sa age na 56.

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  36. Dati pong may news na ang computation of benefits ay magiging 10 yrs backward, ngayon maaprobahan na, gawin po kayang 10 yrs backward and computation? Sana naman po ay hindi, kc lalong maliit ang makukuha ng ordinaryong empleyado. thanks

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  37. ang aga, you will just get bored unless you have prepared funding for your retirement, ang liit lang ng SSS ension

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  38. May discrimenasyon sa nagpasa NG batas bkit pra lng SA government employee,bat d sinama Ang sa pprivat employee nagttanong lng

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  39. What about for Private Employees? 65 or 60?

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  40. How about SSS can we retire also at the age of 56 as an OFW.

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  41. In my case,i taught for 21 years in a private school before joining deped at the age of 47.im still in my 7th yearin deped.at age 56(two years from now)mag 9 years pa lang ako.pwede po ba isali sa pgkwenta ang years in service ko sa private school para makaretire ako at age 56 at matatanggap ang mga benefits just like the other retirees?

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    Replies
    1. same with my case. i started teaching in a private school for 16 years and this year is my 20th year in public school

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  42. How about SSS as an OFW can we retire also at the age of 56

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    Replies
    1. As of now sir/maam government ruling for pension will only starts at 60...

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  43. Paano naman kaming mga private employees? Tao din po kami!!! :(

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  44. This should apply to Politicians as well����

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  45. Dpt apply to all pti Government positions and Politicians too

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  46. Pag nag 56 po ako i will be 33yrs. In service,,ilang percent po kya ang makukuha kong pensyon skaling magretire na ako that age

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  47. Pwede po bang magtanong? Is this retirement age change for GSIS only or for SSS as well?

    Salamat po.

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  48. If this is true, it should have been signed by the President else it will be back to zero on the 18th Congress. So sayang lang Ang taxpayers money na ginamit ni Ka Tinio sa panukala na iyan. Refile mo Ka Tinio kung na re-elect ka ngayong 18th Congress. I doubt this one! I think this was made as a campaign strategy by the ACT partylist!

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  49. Nag availed na po ako nang early retirement (15 yrs in service) and im now going 56yrs old, can my pension will effect immediately? Or anything i need to do, for my entitlement of my pension to start?

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  50. Bakit po walang yearly increase Ang pension Ng mga retirees...dapat Sana may dagdag kahit ilan percent man

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  51. I will be 56 this September 5 with 11 and half years of service as teacher in public high school.
    If i retire will i also get a pension at 56 or at 60

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  52. mahaba pa usapan ito kasi wala pa senate version and the gsis is actually against it.. so we just have to wait and see...

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  53. sana sa private din, same sentiments baka di ma-enjoy Ang retirement at 60.. you retired to enjoy life, not because you're too old to work anymore..

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  54. calling Congress,, why government only? we want to enjoy early retirement too..

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  55. tama lang yan...pano mo maeenjoy retirement mo kung uugod ugod ka na

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  56. Pagusapan naman po sa Kongreso ang pension ng SSS workers, lubhang napakaliit as compared to GSIS employees. At bakit kapag businessman ay 65 yo bago makatanggap ng pension. Samantalang from ordinary employee up to President of the company ay 60 yo lang pwede na mag SSS benefits.

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  57. Maganda yan na ma enjoy pa ng mga Bayaning Guro ang old age pension nila, but pls allow those who want to serve those who want to serve teaching field those who are willing to serve more but with incentive above their retirement age.

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  58. Yes tama na mapag usapan din nman kming mga nsa private sector, na sana mabigyan pansin ang benefits at retirement age, ndi puro gov't employee lng, samantala ang namumuno ay milyones ang sahod sa isang taon at 110k ang pinaka mababang sahod sa isang buwan, samantala mga kawawang manggagawa mabuti kong sumahod ng 12k isng buwan.Nawa'y maging makatuwiran ang lahat.Ndi natutulog ang Diyos sabi pa nga panapanahon, may araw ng karma din, db mga kabayan?

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  59. Totoo po ba na kapag lagpas na ako 56,,57 na ako di ba ako pwede magretire? Yun kasi inexplain sa amin

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  60. Pag na approved n po ba ito this yr pwede na ko mag avail ng retirement?ako 57 na ngayon gusto magretire na next yr ....

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  61. Yong nag resign ho sa govt service with 15 years service above like me 17 years, yong pension namin start na din at 56 years old instead of 60 years old? Thank you sa sagot.

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