How is part-time retirement pay computed?
Based on Article 302 of the Labor Code of the Philippines, their computation is strictly done proportionately. The components of the benefit are computed directly in proportion to their specific salary. Their daily rate and 13th-month fraction naturally reflect their exact part-time hours. This provides an equitable payout aligned directly with actual earnings. 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/.
