TWENTIETH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES
First Regular Session
)
'15
-8 P5 '25
SENATE 
Senate Bill No. 2S2
Introduced by Senator Erwin Tulfo
AN ACT
ESTABLISHING THE OVERSEAS FILIPINO WORKERS 
PENSION FUND TO PROVIDE PENSION TO OVERSEAS
FILIPINO WORKERS AND FOR OTHER PURPOSES
EXPLANATORY NOTE
Sections 18, Article II of the 1987 Constitution provides that the 
state affirms labor as a primary social economic force. It shall protect 
the rights of workers and promote their welfare.
OFWs are modern-day heroes because of their huge role in the 
economy. Their remittances are a major economic driver supporting 
millions of Filipino families. Despite this, many OFWs return home 
with little to no savings or retirement plan.
This bill seeks to establish OFW Pension Fund to provide pension 
to OFW, especially those who are engaged in manual, skilled, or 
technical occupations that require physical labor, specialized training, 
or vocational skills. Likewise, there will be monthly pension in the 
amount of at least P5,000.00 per month to eligible OFWs, subject to the 
pension plan to be established by the Department of Migrant Workers. 
This is a form of justice, recognition, and protection for the people who 
sustain our nation from afar.
In view of the foregoing, the passage of the/ffi^sure is earnestly 
sought.
eIrWIN tULFO
J


TWENTIETH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES
First Regular Session
SENATE 
Senate Bill No. 2b2
25 JUL-8 P5--25
N
iU C.-i'
Introduced by Senator Erwin Tulfo
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AN ACT ESTABLISHING THE OVERSEAS FILIPINO 
WORKERS PENSION FUND TO PROVIDE PENSION TO 
OVERSEAS FILIPINO WORKERS AND FOR OTHER
PURPOSES
Be it enacted by the Senate and the House of Representatives of the 
Philippines in Congress assembled:
SECTION 1. Title. - This Act shall be known as the 
Pension Act of2025.”
'OFW
SEC. 2. Declaration of Policy. - It is hereby declared the policy 
of the State to protect and promote the welfare of overseas Filipino 
workers. Towards this end, the State shall accord due recognition to 
overseas Filipino workers’ contribution to the country’s development 
by providing them with pension benefits to assist them with their basic 
necessities when they reach the age of retirement.
SEC. 3. Definition of Terms. - As used in this Act, Overseas 
Filipino Worker (OFW) shall refer to a person who is to be engaged, is 
engaged or has been engaged in a remunerated activity in a state of 
which he or she is not a citizen or on board a vessel navigating the 
foreign seas other than a government ship used for military or non­
commercial purposes or on an installation located offshore or on the 
high seas, including but not limited to those who are engaged in


manual, skilled, or technical occupations that require physical labor, 
specialized training, or vocational skills.
SEC. 4. Establishment of the Overseas Filipino Worker (OFW) 
Pension Fund. - An OFW Pension Fund is hereby established to 
provide pension benefits to overseas Filipino workers, especially those 
who are engaged in manual, skilled, or technical occupations that 
require physical labor, specialized training, or vocational skills.
SEC. 5. Eligibility. - The benefits of this Act shall apply to the an 
OFW who is:
a) At least sixty (60) years of age upon retirement with 
accumulated fifteen (15) years of overseas 
employment; and
b) Registered with Philippine Overseas Employment 
Agency (POEA).
Provided, That the pension under this Act shall be separate and
20 distinct from pension of OFWs covered by Social Security System (SSS)
21 or the Government Service Insurance System (GSIS).
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SEC. 6. Overseas Filipino Workers Pension (OFW Pension). — 
All eligible Overseas Filipino Workers shall be entitled to receive a 
monthly pension in the amount of at least Five Thousand Pesos 
(P5,000.00) per month upon retirement, subject to the pension plan to 
be established by the Department of Migrant Workers (DMW).
SEC. 7. Role of Department of Migrant Workers (DMW). - The 
DMW shall be the lead implementing agency and administrator of this 
Act. In addition to its existing duties and responsibilities, the DMW 
shall:
a) Establish a pension plan for OFWs;
b) Manage the OFW Pension Fund to ensure it sustainability;
c) Determine the criteria for eligibility, in coordination with 
relevant government agencies; and


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d) Perform other duties and funetions towards the efficient 
and effective implementation of this Act.
SEC. 8. Implementing Rules and Regulations (IRR). - Within 
ninety (90) days from approval of this Act, the DMW, in consultation 
with Department of Finance (DOF), POEA, Overseas Workers Welfare 
Administration (OWWA), Department of Foreign Affairs (DFA), non­
government organizations advocating the rights and welfare of OFWs 
and other stakeholders, shall formulate the implementing rules and 
regulations necessary in the proper implementation of this Act.
SEC. 9. Appropriations. - The amount necessary for the 
implementation of this Act shall be included in the annual 
appropriations of the DMW.
SEC. 10. Separability Clause. - Should any provision or part of 
this Act be declared unconstitutional or invalid, the other provisions and 
parts hereof, insofar as they are separable from the invalid ones, shall 
remain in full force and effect.
SEC. 11. Repealing Clause. - All laws, decrees, orders, issuances, 
rules and regulations or parts thereof which are inconsistent with this 
Act are hereby repealed or modified accordingly.
SEC. 12. Effectivity. - This Act shall take effect fifteen (15) days 
after its publication in the Official Gazette or in at least two (2) 
newspapers of general circulation.
Approved,