Philippine Bar review · Question

Practice question: Limited Portability Scheme (RA 7699)

Multiple Choice Easy

Practice question

Under RA 7699, does portability refer to a transfer of funds for the worker’s account and benefit upon transfer between systems?
  1. Yes
  2. No, it means only changing a home address
  3. No, it means transferring the worker’s private house
  4. No, it means cancelling both memberships
  5. No, it means confiscating contributions

Legal references

  • RA 7699, Sections 2-6: https://lawphil.net/statutes/repacts/ra1994/ra_7699_1994.html

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