An Act Establishing the Overseas Filipino Workers Social Security and Retirement System, and Appropriating Funds Therefor
The bill creates a mandatory retirement fund for Filipino workers abroad, requiring them to set aside 5 % of their monthly earnings for at least ten years, and promises a monthly pension from age 45 onward, plus benefits for spouses and children.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-69. Status changes over time; check the link for the latest.
SBN-69 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.