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Ramon Bong Revilla, Jr. (FACEBOOK / FILE PHOTO) Nevertheless, the Senate civil service committee would consider all options put forward by several Senate bills, position papers submitted and opinions expressed during its hybrid public hearing, Senator Ramon ‘’Bong’’ Revilla Jr., committee chairman, said. There are bills filed by senators and congressmen seeking different age levels for mandatory and optional retirement from the current 65 year level to as low as 55. Senators are also mulling filing a measure increasing the retirement age for members of the Armed Forces of the Philippines (AFP) from 56 to 60 years old. Aileen Aganon, Department of Budget and Management (DBM) assistant director, cautioned Congress that lowering the mandatory and optional retirement levels would put to the test the solvency of the GSIS. ....
GSIS studying proposals to increase GSIS premium contribution mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Published January 21, 2021, 4:59 PM During the consultative meeting hosted by the Senate Committee on Civil Service, Government Reorganization, and Professional Regulation Thursday, CSC Commissioner Aileen Lizada asked that bills on the lowering of the age of retirement be marked as a priority in “consideration of safety and health especially during the pandemic.” Civil Service Commission (CSC) (MANILA BULLETIN FILE PHOTO) She said government workers due to retire “are classified as belonging to the vulnerable group on account of their age.” “The present pandemic has presented a new and compelling reason for government workers to opt for early retirement,” she added. Currently, under Republic Act No. 8291 or the Government Service Insurance Act of 1997, the optional retirement age for government employees is 60-years-old while the mandatory retirement age is 65. ....