Retirement Law For Private Employees Philippines In Wake
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FAQ
The mandatory retirement age is sixty-five (65) years old. The Anti-Age Discrimination Act did not amend/modify the mandatory retirement age.
Jurisprudence on Compulsory Retirement In one case, Pantranco North Express Inc. v. NLRC, the Supreme Court emphasized that employers could not force employees to retire if they had not reached the retirement age agreed upon, especially if such age was lower than the statutory minimum age of 60.
RA No. 7641, commonly known as the Retirement Law, grants an employee retirement benefits upon reaching the age of 60 years but not beyond 65 years, which is the compulsory retirement age, provided such employee has served at least five years and the retirement benefits are availed of only once.
The maximum monthly pension for those above 57 years old shall be 80% of the Average Monthly Salary (AMS) received during the last three years immediately preceding retirement. The maximum pension for those aged 57 and below shall be 75% of AMS.
Retirement Age Regulations The mandatory retirement age in the Philippines is set at 65 years, as established by Republic Act No. 7641. This law applies to both public and private sector employees, ensuring a consistent and equitable approach to retirement across different employment sectors.
RA No. 7641, commonly known as the Retirement Law, grants an employee retirement benefits upon reaching the age of 60 years but not beyond 65 years, which is the compulsory retirement age, provided such employee has served at least five years and the retirement benefits are availed of only once.
You may file a Request for Assistance (RFA) online by visiting our online SENA portal at and under the dropdown menu, select NLRC-NCR as your preferred office where to file your RFA. And click OK.
