COA LAWS

Question 1

RA 9994

Answer 1

Any resident citizen of the Philippines at least
sixty (60) years old - Expanded
Senior Citizen Act of 2010)

Question 2

RA 7432

Answer 2

An act to maximize the contribution of senior
citizens to nation building, grant benets and
special privileges and for other purposes;
approved on April 23, 1992, under Former
President Cory Aquino.

Question 3

RA 9257

Answer 3

or Expanded Senior Citizen Act of
2003 An act granting additional benets and
privileges to senior citizens amending for the
purpose RA 7431; approved on February 26,
2004, under the Arroyo Administration.

Question 4

RA 9994

Answer 4

An act granting additional benets and
privileges to senior citizens, further amending
RA 7432; approved on February 15, 2020
under the Arroyo Administration
1. The grant of twenty percent (20%)
discount and exemption from the
value-added tax (VAT)
2. 5% discount in utilities provided that
the utility is named to the senior citizen
and will not exceed 100 kwh/month and
30 cubic meter

Question 5

RA 7461 -

Answer 5

New Retirement Law amending
Article 287 of the Labor Code of the
Philippines
(PD No. 442).

“Any employee may be retired upon reaching
the retirement age established in the
collective bargaining agreement or other
applicable employment contract.

Question 6

RA 7742

Answer 6

Allows private employer the option to treat
the coverage of the PAG-IBIG Fund as a
substitute retirement benet for the
employee concerned within the purview of
the Lavor Code as amended.

Question 7

RA 8291

Answer 7

Expanding and Increasing the
Coverage and Benets of the Government
Service Insurance System (GSIS Act of 1997)
Five-year lump sum or cash payment with
instant pension for retirees,

Question 8

RA 1616

Answer 8

“TAKE ALL” BENEFIT
* Benets:
➔ Gratuity benets - gratuity years
multiplied by the highest salary
received, payable by the last
employer.
◆ First 20 years of service -x 1
month
◆ 21-30 years of service - x 1.5
months
◆ In excess of 30 years of
service -x 2 months
* Refund of retirement premiums - personal
GSIS share (with 3% interest per annum
compounded monthly) and government
share (without interest), payable by GSIS

Question 9

RA 660

Answer 9

“Magic 87”
Allows retirement based on the following
condition:
➔ Employed in the government service
on or before June 1, 1977

Question 10

RA 7699 (The Portability Law) - effective

Answer 10

If not entitled for the pension from
either or both GSIS or SSS
● If with less than 120 months of SSS
contributions or less than 180 months
of creditable government (GSIS) at
the time of retirement
○ The amount of benet to be
paid by GSIS or SSS shall be
proportionate to the services
rendered or periods of
contributions made to each of
them.RA 7699 (The Portability Law) - effective