Retirement Pay Law Amendments, RA 7641

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Republic Act No. 7641: Retirement Pay Law Amendments, RA 7641

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Title Source: Supreme Court: Retirement Pay Law Amendments, RA 7641

Law: Republic Act No. 7641

Decision Date: Dec 9, 1992

The Retirement Pay Law provides retirement benefits to qualified private sector employees in establishments without a retirement plan, ensuring that employees receive at least half a month's salary for every year of service upon retirement.

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