Practice question
A covered worker enjoys a valid company-agreement retirement benefit. The employer claims RA 7699 itself permits reducing it merely because statutory portability becomes available. What provision answers that claim?
- A rule making portability a universal replacement for all benefits
- A rule cancelling every company benefit
- A rule transferring all private benefits to management
- A rule forbidding agreements
- Section 5’s protection of existing benefits, including those from agreements
Legal references
- RA 7699, Sections 2-6: https://lawphil.net/statutes/repacts/ra1994/ra_7699_1994.html
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