Manila, Aug. 11 -- SSS-GSIS Pensyonado Party-list Rep. Rolando Macasaet has filed a bill seeking to lower to 10 years the minimum number of years in service for a government employee to become a pensioner.
Currently, under Republic Act (RA) 8291, the GSIS Act of 1997, a person must have rendered at least 15 years of service, be at least 60 years old at the time of retirement, and not be a recipient of a monthly disability pension benefit, to be entitled to retirement benefits under the Government Service Insurance System (GSIS).
In a statement on Monday, Macasaet said there is an urgent need to revisit RA 8291 and determine whether the intentions of law are still served today by the 28-year-old provisions, or if they need to be updated...
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