Bill Type
Full Title of Bill
AN ACT ESTABLISHING THE OVERSEAS FILIPINO WORKERS SOCIAL SECURITY AND RETIREMENT SYSTEM AND APPROPRIATING FUNDS THEREFOR
Date filed
June 30, 2022
Date Read
July 26, 2022
Bill Status
Pending with the Committee on OVERSEAS WORKERS AFFAIRS since 2022-07-26

Legislative History

House Bill/Resolution NO. HB00176
FULL TITLE : AN ACT ESTABLISHING THE OVERSEAS FILIPINO WORKERS SOCIAL SECURITY AND RETIREMENT SYSTEM AND APPROPRIATING FUNDS THEREFOR
ABSTRACT : Aims to allow OFWs to receive retirement pay at an earlier age or to receive voluntary separation benefits upon their retirement.Seeks to establish a retirement system designed to provide the OFWs with funds they can use to engage in other productive endeavors when they decide to finally retire or separate from work.
PRINCIPAL AUTHOR/S : TANCHAY, CAROLINE L., MARCOLETA, RODANTE D.
DATE FILED : 2022-06-30
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Sakaluran (000 2022-08-19) 2. Rivera (000 2022-09-08)
3. Delos Santos (000 2022-09-22) 4. MariƱo (000 2022-12-01)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON OVERSEAS WORKERS AFFAIRS ON 2022-07-26

Abstract

ABSTRACT : Aims to allow OFWs to receive retirement pay at an earlier age or to receive voluntary separation benefits upon their retirement.Seeks to establish a retirement system designed to provide the OFWs with funds they can use to engage in other productive endeavors when they decide to finally retire or separate from work.

Significance