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Lowering Retirement Age of Government Employees
« on: May 03, 2020, 04:29:12 AM »
AKO BICOL PARTY-LIST
REP. ALFREDO A. GARBIN, JR.
Author, HB 5509 lowering the optional retirement age of gov’t workers to 56
09177292437 | Twitter @AlfredoGarbin
Optional Early Retirement Bill needed now more than ever 

OPTIONAL EARLY RETIREMENT CAN HELP MORE SENIORS PREFER TO STAY HOME DURING COVID-19 QUARANTINE

I steadfastly support the passage of House Bill 5509 which is now with the Senate.

I believe Optional Early Retirement can be one of the general community quarantine solutions to make people older than age 56 stay at home.

Early retirees from government service can become work at home entrepreneurs like many of the younger generation who set up new businesses or go into online business.

Several thousands of early retirees is several thousands of people we need not worry about catching the coronavirus because they are safely retired government employees.

House Bill 5509 went through proper study and consultations, including the GSIS. Contrary to some pundits' views, this does not upset the pension system. In fact, the net effect on Filipino families and the national economy is a big plus because early retirees avail of their pension sooner, can spend more quality time with family, or embark on a new career or business.

HB 5509 also has good prospects in the Senate because there are four bills in that chamber about lowering the optional retirement age of government workers. Labor champion Senator Joel Villanueva, one of its proponents in the Senate, vows support in its passage.

I believe the time for HB 5509 to become law is now as a COVID-19 quarantine measure. (END)

Bills pending at the Senat

SBN-958: Lowering the Optional Retirement Age of Public School Teachers

An Act Lowering the Optional Retirement Age of Public School Teachers From Sixty (60) Years Old to Fifty-Five (55) Years Old, Amending for the Purpose Section 13-A of Republic Act No. 8291,... Filed on August 27, 2019 by Angara, Sonny

SBN-738: Lowering the Compulsory and Optional Retirement Age of Government Employees

An Act Lowering the Compulsory and Optional Retirement Age of Government Employees, Amending for the Purpose Sections 13(B) and 13-A of Republic Act No. 8291, Otherwise Known as the... Filed on July 24, 2019 by Gatchalian, Win

SBN-715: Lowering Optional Retirement Age of Public School Teachers to 55 Years Old

An Act Lowering the Optional Retirement Age of Public School Teachers From Sixty (60) Years Old to Fifty-Five (55) Years Old, Amending for the Purpose Section 13-A of Republic Act No. 8291... Filed on July 24, 2019 by Villanueva, Joel

SBN-72: Lowering the Mandatory and Optional Retirement Age of Government Employees to 60 Years Old

An Act Lowering the Mandatory and Optional Retirement Age of Government Employees, Amending for This Purpose Sections 13 (B) and 13-A of Republic Act No. 8291, Otherwise Known as the... Filed on July 1, 2019 by Revilla Jr., Ramon Bong

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