Public school teachers shall be given one range salary raise upon retirement which will be the basis of the computation of the retirement pay.
Under section 26 of Republic Act No. 4670 also known as "The Magna Carta for Public School Teachers", it says:
Section 26. Salary Increase upon Retirement. Public school teachers having fulfilled the age and service requirements of the applicable retirement laws shall be given one range salary raise upon retirement, which shall be the basis of the computation of the lump sum of the retirement pay and the monthly benefits thereafter.
READ: The Magna Carta for Public School Teachers
Followed by the DepEd Order No. 48, s. 1997 or the GUIDELINES IN THE IMPLEMENTATION OF THE BENEFITS ARISING FROM A ONE (1) SALARY GRADE INCREASE FOR RETIRING PUBLIC SCHOOL TEACHERS PURSUANT TO RA 4670. (Download Here)
Salary Increase for Public School Teachers Upon Retirement
Reviewed by Anonymous
on
April 22, 2020
Rating:
No comments: