Republic of the Philippines
HOUSE OF REPRESENTATIVES
‘Quezon City
THIRTEENTH CONGRESS
First Regular Session

HOUSE BILLNO.__ 47

Introduced by: REPRESENTATIVE EMILIO C. MACIAS IL

EXPLANATORY NOTE

This bill seeks to amend Sections 13, subparagraph (b) and 13-A, subparagraph 2
of Republic Act No. 8291 otherwise known as the Government Service Insurance Act of
1997. The primary objective of this measure is to allow government employees to retire
after serving the government for a period of twenty (20) years regardless of the retirement
age requirement under existing retirement laws.

For many decades now, the Government Service Insurance System (GSIS) has
sustained a seemingly obsolete and impractical age requirement for optional and
compulsory retirement age of sixty (60) and sixty-five (65) years respectively, This may
be considered irrelevant and incompatible to the present state of economic life of the
Filipino people in the light of the economic and political changes brought about by
globalization trend and other factors such as rapid population growth and the increasing
unemployment rate.

‘This measure will certainly help open windows of opportunities for prospective
Tetirees giving them better choice in planning the future of their respective families
considering the amount they will receive from retirement benefits while they are still
strong and capable of venturing into other fields. It will also help attain efficiency in the
government service as it will not only enable the government to get rid of government
employees, who no longer have the drive to perform efficiently as they are just waiting
for the right age to retire but will give the government the opportunity to hire fresh legs
and minds to fill the positions to be vacated by retiring employees for the benefit of
public service,

The approval of this measure is eamestly sought.

Pr £ o—
JO C. MACIAS II M.D.

Representative
2™ District, Negros Oriental


Republic of the Philippines
HOUSE OF REPRESENTATIVES
‘Quezon City

THIRTEENTH CONGRESS
First Regular Session

HOUSE BILL No. 4?

Introduced by: HON. EMILIO C, MACIAS I

AN ACT
PROVIDING FOR THE WAIVER OF THE RETIREMENT AGE
REQUIREMENT OF GOVERNMENT EMPLOYEE, WHO HAS RENDERED AT
LEAST TWENTY YEARS OF SERVICE, FURTHER AMENDING FOR THE
PURPOSE PRESIDENTIAL DECREE NO, 1146 AS AMENDED OTHERWISE
KNOWN AS THE REVISED GOVERNMENT SERVICE INSURANCE SYSTEM
ACT OF 1977

Be it enacted by the Senate and the House of Representatives
of the Philippines in Congress assembled:

SECTION 1. Section 13-A of Presidential Decree No. 1146 as amended
otherwise known as the Revised Government Service Insurance System Act of 1977 is
hereby further amended to read as follows:

“SEC. 13, Retirement Benefits, — (a) Retirement Benefit shall be :

(1) the lump sum payment as defined in this Act payable at the time of
retirement plus an old age pension benefit equal to the basic monthly pension payable
monthly for life, starting upon expiration of the five-year (5) guaranteed period covered
by the lump sum; or

(2) cash payment equivalent to eighteen (18) months of his basic monthly
pension plus monthly pension for life payable immediately with no five-year (5)
guarantee.

(b) Untess the service is extended by appropriate authorities, retirement shall be
compulsory for an employee at least sixty-five (65) years of age with at least fifteen (15)
years of service: Provided, That if he has less than fifteen (15) years of service, he may
be allowed to continue in the service in accordance with existing civil service rules and
regulations.


“SEC. 13-A. Conditions for Entitlement, - A member who retires from
the service shall be entitled to the retirement benefits enumerated in paragraph (a) of
Section 13 hereof. Provided, That:

(1) he has rendered at least fifteen (15) years of service;

(2) he is at least sixty (60) years of age at the time of retirement; and

(3) he is not receiving a monthly pension benefit from permanent total disability.
PROVIDED, FURTHER, THAT IF HE HAS RENDERED AT LEAST

TWENTY (20) YEARS OF SERVICE, THE RETIREMENT AGE REQUIREMENT
UNDER THIS ACT SHALL BE WAIVED.

SEC, 2. All laws, decrees, executive orders and rules and regulations which are

inconsistent with this Act are hereby amended, repealed or modified accordingly.
SEC. 3. This Act shall take effect upon its approval.

Approved,