National Wages and Productivity Commission - FORMULA FOR COMPUTING RETIREMENT PAY Minimum retirement pay = Daily rate x 22.5 days x Number of Years in Service Source: Article 302, Labor Code of the Philippines | Facebook
National Wages and Productivity Commission - COMPUTATION OF RETIREMENT PAY The minimum retirement pay shall be equivalent to one-half (1/2) month salary for every year of service, a fraction of at least
![HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila](https://i0.wp.com/tinainmanila.com/wp-content/uploads/2020/07/retirement-pay-3.jpg?resize=638%2C479&ssl=1)
HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila
![HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila](https://i0.wp.com/tinainmanila.com/wp-content/uploads/2020/07/retirement-3.png?resize=641%2C276&ssl=1)
HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila
![HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila HR Talk: Why Do We Need to Pick our Employers Well? And How to Compute for Retirement (And Separation Pay) - Tina in Manila](https://i0.wp.com/tinainmanila.com/wp-content/uploads/2020/07/retirement-pay-calculator.png?resize=750%2C272&ssl=1)