Are retiring employees entitled to a proportionate 13th-month pay?
According to Article 302 of the Labor Code of the Philippines, retiring employees receive extra accrued benefits. Upon retirement, they are legally entitled to the proportionate 13th-month pay for that specific calendar year. They also confidently receive the exact cash equivalent of any accrued leave benefits. These payments are completely separate from the core retirement calculation. 18-May-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
