Page 80 - Manual-of-Operation-Merged
P. 80

CvSU MANUAL OF OPERATIONS
                   ________________________________________________________________________  80



                                 Options:

                                 a) For those who come into service before 01 June 1997
                                         a.1.   RA  8291  and  PD  1146  may  be  availed  of  if  an
                                                employee  has  rendered  at  least  (60)  years  of  age
                                                upon retirement

                                         a. 2.  RA 1616 may be available of if he / she has
                                                rendered service for at least (20) years

                                         a.  3.  RA  660  –  If  he/she  has  passed  the”  Magic  87”
                                                criteria that is, when the length of service and age
                                                 of retirement are summed up, the total is at least
                                                “87”

                                 b)  For those who come into service after 31May 1997, the two
                                     options available to them are RA 8291 and PD1146.

                                 c)  For those who come into service on or before 24 June 1977
                                     the only option open to them is RA 8291.

























                                                                                                           80
   75   76   77   78   79   80   81   82   83   84   85