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.
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
Reviewed by DepEd Click Admin
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January 08, 2019
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Reviewed by DepEd Click Admin
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January 08, 2019
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We would like to ask if 60 years of age , is it mandatory to retire or should continue serving until 65 years old?
ReplyDeleteup to 60 yrs old lang po ang mandatory
Delete65 mandatory. 60 optional
Delete60 is mandatory for private sector; for govt, as of now, 60 is optional, 65 mandatory
DeleteKOREK! 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!
Deletehindi ba liliit ang pension niya?
DeleteMandatory or compulsory retirement age is 65 yrs. old.
ReplyDeleteAko po ay isang utility worker,magsi-61 na po ngayong march ayoko pang magretire,syempre maghihintay pa tayo ng increase,puewede ba yon?
ReplyDeleteOpo nman. Gang 65 po ang compulsory retirement. Yung 56 n na aprub Optional retirement po yun if gusto nyo magretire ng maaga.
ReplyDeleteAs per new retirement scheme, compulsory or mandatory retirement og all government workers would be 60 years old only
DeleteHow shall they fast tract the process? the law must in place now...
DeleteThanks you po for the Good News... Sir/Ma'am...and more power.
ReplyDeletePnu 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?
ReplyDeletePwede 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...
DeleteWhat is the status of this bill?
ReplyDeletehow 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.
ReplyDeletemasyadong maaga pa unless you already prepared your source of income for your retirement or you are good in business.
DeleteIf I opt to retire at age 56 with 25 years in service, will I my pension start at age 56 also?
ReplyDeleteYes
Deletebkt po si mama sabi po s GSIS ,,,aantayin p dw pg 60 n sya bago makuha ang pension nia. ngretire si mama this year ,,
DeleteIts 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.
ReplyDeleteWhat 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
ReplyDeleteAng private employee po ba ganyan den
ReplyDeleteSa private company pasok din po ba ang 56 yrs of age retirement kasama po ba?
ReplyDeleteHow about the number of years required in order to get the maximum of 90% of the present Salary?
ReplyDeletewhat about the minimum 15 years years requirement to gat pension> will it be lowerd also?
ReplyDeleteSana OFWs din. Para mas maaga nla makasama na ung mga pamilya nilang maagang naulila.
ReplyDeleteNeed pa ba approval ng senate or e adopt ng senate ang version ng lower house.
ReplyDeleteKailan ang target date na mag kakaroon ng IIR ang batas na ito.
ReplyDeleteApplicable din ba sa military and pnp?
ReplyDeleteSir pnp retirement agd po nila is 55 hindi napo kasali dito ang military may sarili po sila
DeletePnp and Militay are in the same retirement age at 56 is mandatory...optional is atleast you have rendered 20 years service.
DeleteAng nag ret.po ba noong Feb 28,2013 mayron po bang makukuhang defferecial o dagdag sa pension thanks.
ReplyDeleteThis 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
ReplyDeleteHow about the maximum age of retirement? 65 pa rin po ba?
ReplyDeleteyap. . .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...
Delete
ReplyDeleteako po ay dating employee ng mmtc and covered po ng gsis aidudugtong po ba srvice ko dun to my presenr employmentif i retire!
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.
ReplyDeleteHoping that this bill will also benefit the employees from private companies. Please include us po.
ReplyDeleteI 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..
ReplyDeleteHappy
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
ReplyDeletekung 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.
ReplyDeletekorek, 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
DeleteThanks for all your info.. Im 50 now and 25yrs n a service.. Wow... 😊 6 more yrs to go..ano kayang benefits makukuha ko after..automatic pension b xa or ma wait pko at the age of 60?
DeleteWhat about private employees? D ba sakop sa bill na ito?
ReplyDeletemay 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.
ReplyDeletePaanong madedeplete eh may long term savings na nakalaan sa pension. Kumita na ang contributions and savings. Natanggal na ang dating GSIS GM/Pres. na kontra sa batas na ito. Baka yung kapalit niya, may puso at makatao, sana, sana, sana. . . .
DeleteThis 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.
ReplyDeleteAno po ba ang kaibahan ng Optional Retirement at Early Retirement?
ReplyDeleteApproved na po b ito?
ReplyDeleteAno raw?
ReplyDeletesana 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.
ReplyDelete53 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?
ReplyDeletehow i wish ganoon din sa mga private employees maka retire na sa age na 56.
ReplyDeleteDati 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
ReplyDeleteang aga, you will just get bored unless you have prepared funding for your retirement, ang liit lang ng SSS ension
ReplyDeleteMay discrimenasyon sa nagpasa NG batas bkit pra lng SA government employee,bat d sinama Ang sa pprivat employee nagttanong lng
ReplyDeleteWhat about for Private Employees? 65 or 60?
ReplyDeleteHow about SSS can we retire also at the age of 56 as an OFW.
ReplyDeleteIn 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?
ReplyDeletesame with my case. i started teaching in a private school for 16 years and this year is my 20th year in public school
DeleteHow about SSS as an OFW can we retire also at the age of 56
ReplyDeleteAs of now sir/maam government ruling for pension will only starts at 60...
DeletePaano naman kaming mga private employees? Tao din po kami!!! :(
ReplyDeletekorek
DeleteThis should apply to Politicians as well����
ReplyDeleteDpt apply to all pti Government positions and Politicians too
ReplyDeletePag nag 56 po ako i will be 33yrs. In service,,ilang percent po kya ang makukuha kong pensyon skaling magretire na ako that age
ReplyDeletePwede po bang magtanong? Is this retirement age change for GSIS only or for SSS as well?
ReplyDeleteSalamat po.
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!
ReplyDeleteNag 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?
ReplyDeleteBakit po walang yearly increase Ang pension Ng mga retirees...dapat Sana may dagdag kahit ilan percent man
ReplyDeleteI will be 56 this September 5 with 11 and half years of service as teacher in public high school.
ReplyDeleteIf i retire will i also get a pension at 56 or at 60
mahaba pa usapan ito kasi wala pa senate version and the gsis is actually against it.. so we just have to wait and see...
ReplyDeletesana 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..
ReplyDeletecalling Congress,, why government only? we want to enjoy early retirement too..
ReplyDeletetama lang yan...pano mo maeenjoy retirement mo kung uugod ugod ka na
ReplyDeletePagusapan 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.
ReplyDeleteMaganda 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.
ReplyDeleteYes 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?
ReplyDeleteTotoo po ba na kapag lagpas na ako 56,,57 na ako di ba ako pwede magretire? Yun kasi inexplain sa amin
ReplyDeletePag na approved n po ba ito this yr pwede na ko mag avail ng retirement?ako 57 na ngayon gusto magretire na next yr ....
ReplyDeleteYong 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.
ReplyDeleteSana po mayron din kaming makuhang benefits na mga OfWs na d nkatapos @ Elem.lang tulad ko pong nabigyan ng pagkakataong makapag abriad sa H.K. Pag balik sa atung bansa ay aasa lang sa SSSpension.lalo na kung tulad kong single.58yrs old na po ako ngaun.sana po mapagtuonan din ng pansin ang mga tulad kung may edad na sa abroad thanks po ng marami.
ReplyDeletegovernment employee lanh?paano Ang mga private? Dapat isama Ang mga private employee,
ReplyDeleteilang months bago makakuha ng monthly?
ReplyDeleteIf maka 20years na sa service dapat yun ang optional retirement kc may mga tao din gusto enjoy ung buhay nila pag lumabas sila sa sebisyo.. kc 56 ka onti nalng panahon makakasama pamilya mo sana maintindihan ng marami yan kmi mga nagserbisyo sa gobyerno
ReplyDeleteBakit po sa gobyerno lng bakit d po sa lhat pati sana sa private company me karapatan din po nmn kmi na maenjoy ng matagal ung pension nmin sana maging patas kyo sa lahat hindi puro pabor sa mga govt. Employee lng,..sana idamay nyo rin po kmi...salamat po
ReplyDeletebaka mamaya ang computation ng retirement benefit is 10 years back instead of 3 years back if the retirement age is 56. klarohin nga natin ito?
ReplyDeleteEnero 2019 pa ito pero hanggang ngayon wala pa ring implementing guidelines! At may mga rumors pa na hindi raw pwede dahil iikli at ma depleted ang pondo ng GSIS at ito ay epektibo pa para lang sa mga 49 yrs. old pababa. Hindi sana iyon ang batayan ng GSIS eh para lang iyong pitong taon pa pala umepekto. Sana nakabatay sa tagal ng pagserbisyo kasi iyon ang nangangailangan ng pahinga. Hal: unang taon - 56 yrs old & up na may 35 years na length of service; 2nd year - 56 years old & up na may 30- 34 yrs length of service; 3rd year- 56 years old & up w/ 25- 30 w length of service; 4th year - 56 years old up na may 20- 24 years length of service at 5th year - 56 years old and up w/ 15- 19 years in service!
ReplyDeleteWe all want so much that we confuse ourselves with so many things. Make up the list of the things you think must be in your lifestyle after your retirement. Consider everything that may even seem small to you so that you would be prepared for it.Retirement Communities In Los Angeles
ReplyDeleteWhen I retired in 2009 hindi ako nakaabot ng 15 years Government Service (14 years lang) kaya hindi ako nasama sa Christmas Gift for Pensioners of GSIS. GSIS required that the bonus will be given to those qualified 5 years after receiving the Retirement Pension. Kaya 5 years after I received my first pension on March of 2013, I was expecting that in March of 2018 I would have received my first Christmas Gift but then told by GSIS that I did not qualify due to the 1 year lacking service requirement. Just lately, some friends told me to remedy my situation by using my SSS services from the Private Sector to compensate my lacking year. They told me to apply in the GSIS Portability Rule! I am not well versed with these somewhat remedial option, but does this remedy works in my situation? Please help!
ReplyDelete