FIFTEENTH CONGRESS of the 
) 
REPUBLIC OF THE PHILIPPINES ) 
First Regular Session 
) 
SENATE 
S.B. No. 2490 
Introduced by HON. RAMON BONG REVILLA, JR. 
EXPLANATORY NOTE 
This bill seeks to amend certain sections of the Government Service Insurance 
Act of J 997. The primordial intent of which is to permit the facilitation of retirement of 
government employees after having rendered twenty (20) years of government service, 
regardless of the age requirement under the existing Act. 
The present age requirement of sixty-five (65) years for a government employee 
to be qualified for retirement is no longer suited to the present labor and economic 
demographics of our country. A quick glance at statistical data points to the decrease in 
life expectancy rate, the steady rise of unemployment rate and rapid population growth. 
All of these factors should be taken into consideration and modifications should be made 
to ensure top efficiency in government offices. 
Waiving the age requirement for retiring government employees would be a 
positi~e step towards balancing the scales towards productivity. These hardworking and 
loyal government employees are at present pressed to continue working past their prime 
in order to comply with the age requirement prescribed in the present GSIS Act. This not 
only bogs down the overall performance of an office, but also prevents the recruitment of 
other potential employees until the prospective retirees have completed their age 
requisite. 
We owe it to these loyal government employees who have served our country to 
pass this piece oflegislation. 
. 
The approval of this measure is earnestly sought 


FIFTEENTH CONGRESS of the 
) 
REPUBLIC OF THE PHILIPPINES 
) 
First Regular Session 
) 
SENATE 
S.B. No. 2490 
Introduced by HON. RAMON BONG REVILLA, JR. 
AN ACT 
PROVIDING FOR THE WAIVER OF THE RETIREMENT AGE 
REQUIREMENT OF GOVERNMENT EMPLOYEES WHO HAVE RENDERED 
AT LEAST TWENTY YEARS OF GOVERNMENT SERVICE, FURTHER 
AMENDING FOR THE PURPOSE, PRESIDENTIAL DECREE NO. 1146 AS 
AMENDED, OTHERWISE KNOWN AS THE REVISED GOVERNMENT 
SERVICE INSURANCE SYSTEM ACT OF 1997 
Be it enacted by the Senate and the House of RepresentatIves of the Philippmes 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 1997 is 
hereby 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) Unless 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 111 
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 Sections 13 
hereof Provided, That: 
(I) 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 
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(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 OF' THIS ACT SHALL BE WAIVED. 
SECTION 2. All laws, decrees, executive orders and rules and regulations which 
are inconsistent with this Act are hereby amended, repealed or modified accordingly. 
SECTION 3. This Act shall take effect upon its approval 
Approved, 
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