Practice question
Under the ordinary statutory retirement rule, absent a retirement plan or agreement and assuming coverage, what service requirement accompanies optional retirement at age sixty or above before compulsory retirement?
- At least five years in the establishment
- One week in every case
- No service requirement
- Twenty-five years in every case
- Only work after the sixty-fifth birthday
Legal references
- RA7641, Section1; Labor Code Article302[287]: https://lawphil.net/statutes/repacts/ra1992/ra_7641_1992.html
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