Lawmaker proposes extending retirement age for gov't workers

18 August 2011

Lawmaker proposes extending retirement age for gov't workers
Bulacan Representative Linabelle Villarica proposes extending years of service in the government to allow the Government Service Insurance System (GSIS) to better process retirement claims and benefits.

By Marjorie Gorospe

QUEZON CITY, METRO MANILA—A lawmaker is seeking to extend the mandatory retirement age of government employees to 70 years old.

Representative Linabelle Villarica (4th District, Bulacan) said extending years of service in the government would be beneficial for both employees and constituents.

Villarica proposed this measure under  House Bill 4965, aiming to amend the Section 13 of Republic Act 8291, otherwise known as the Government Service Insurance System (GSIS) Act of 1997.

It provides for a cash payment equivalent to 18 months of the basic monthly pension plus monthly pension for life.

Villarica said today’s medical advances have helped extend the productive age of Filipinos, especially for those who work in industries that require less physical activity.

Another advantage of extending the retirement age is that the government insurance system will have more time to prepare for the retirement of employees and allow them to claim the  retirement benefits at the earliest possible opportunity.

However, the bill mandates that the employees must have also been employed for at least 15 years in accordance with existing civil service rules and regulations.

The present mandatory requirement age for government employees is 65 years old. Optional retirement is allowed for employees who have rendered minimum number of years in service.

***

loQal.ph (http://loqal.ph/ ) is a website owned and operated by Filquest Media Concepts, Inc. It works under the principle of giving voice to the voiceless, empowering Filipinos and uplifting the image of the Philippines by highlighting its unique culture. To do this, the loQal.ph team produces stories, video, photos and other multimedia content types to inspire and celebrate Filipino achievements, ideas, products and places