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Section 523. Personnel Retirement and/or Benefits - Local Government Code of 1991

Section 523. Personnel Retirement and/or Benefits of Local Government Code of 1991. Section 523. Personnel Retirement and/or Benefits. - An official or employee of the national government or local government unit separated from t

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Local Government Code of 1991

Section 523. Personnel Retirement and/or Benefits. - An official or employee of the national government or local government unit separated from the service as a result of reorganization effected under this Code shall, if entitled under the laws then in force, receive the retirement and other benefits accruing thereunder: Provided, however, That such benefits shall be given funding priority by the Department of Budget and Management in the case of national officials and employees, and the local government unit concerned in the case of local officials and employees.

Where the employee concerned is not eligible for retirement, he shall be entitled to a gratuity from the national government or the local government unit concerned, as the case may be, equivalent to an amount not lower than one (1) month salary for every year of service over and above the monetary value of the leave credits said employee is entitled to receive pursuant to existing laws.

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