Bill Type
Congress Name
Long Title
AN ACT REDUCING THE RETIREMENT AGE OF GOVERNMENT, AMENDING FURTHER FOR THE PURPOSE THE `GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997,' AND FOR OTHER PURPOSES
Date filed
July 6, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 816, 12th Congress of the Republic | |
| FULL TITLE : AN ACT REDUCING THE RETIREMENT AGE OF GOVERNMENT, AMENDING FURTHER FOR THE PURPOSE THE `GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997,' AND FOR OTHER PURPOSES | |
| ABSTRACT : This bill proposes to reduce the optional retirement age of all government employees from sixty (60) years to fifty-five (55) years, and in the compulsory retirement age from sixty-five (65) to sixty (60) years. Earlier retirement for government employees will encourage more people into entrepreneurial activities in small and medium enterprises (SMEs) and contribute towards making the economy more efficient and competitive. | |
| PRINCIPAL AUTHOR/S : COJUANGCO, CARLOS O. | |
| DATE FILED : 2001-07-06 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Echiverri (026 ) | 2. Syjuco (023 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2001-07-24 |
Abstract
This bill proposes to reduce the optional retirement age of all government employees from sixty (60) years to fifty-five (55) years, and in the compulsory retirement age from sixty-five (65) to sixty (60) years. Earlier retirement for government employees will encourage more people into entrepreneurial activities in small and medium enterprises (SMEs) and contribute towards making the economy more efficient and competitive.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.