Name: | Retirement Pay Law - Act to Amend the Labor Code (Republic Act No. 7641). |
Country: | Philippines |
Subject(s): | Old-age, invalidity and survivors benefit |
Type of legislation: | Law, Act |
Adopted on: | 1992-12-09 |
Entry into force: | |
Published on: | Official Gazette of the Republic of the Philippines, 1993-01-11, Vol. 89, No. 2, pp. 180-181 |
ISN: | PHL-1992-L-31980 |
Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=31980&p_lang=en |
Bibliography: | Official Gazette of the Republic of the Philippines, 1993-01-11, Vol. 89, No. 2, pp. 180-181 Legislation on-line ![]() ![]() |
Abstract/Citation: | Amends article 287 of Presidential Decree No. 442 (the Labor Code) by providing retirement pay for qualified private sector employees in the absence of any retirement plan in the establishment. |
Amended text(s): |