Retirement — Pedro Reyes

regular · Municipal Engineering Office · Service 17.53 yrs ⚠ from date hired Jan 5, 2009

Age 43y 7m turns 44 on Nov 20, 2026 ADVANCE · in 4 mo 4 d

BELOW 60 Early / Separation YOS ≥ 15 → 18×BMP cash + deferred pension at 60. YOS < 15 → cash benefit lang. AGE 60 Optional retirement RA 8291 §13-A. Pilia ang 18-mo o 60-mo lump-sum + monthly pension. Projected YOS: 33.87 yrs AGE 65 Compulsory / Mandatory RA 8291 §13-B. Pension capped sa 90% sa AMC. Projected YOS: 36.00 yrs · MAX 36

Inputs RA 8291

Basic salary / monthly salary

AMC source ⓘ

Custom AMC (₱) Used only when AMC source is "custom".

Years of service

Current year

Retirement age

Plan ⓘ

Contribution rate (%)

GSIS loan balance ⓘ

Additional deductions tanan i-minus sa Gross retirement pay

Pag-IBIG balance

Coop loans

Other deductions

Leave credits (days) MANUAL

daysmanual entry OK

Drives Terminal Leave = PHP 0.00 salary × days × 0.0481927 (CSC/DBM factor).

Terminal leave factor

RAMC add (₱)

Pension cap (% of AMC)

Manual terminal-leave override (₱) When filled, this amount is used directly instead of the factor formula.

Scenario label * required — name this snapshot

Computation Analysis RA 8291

Monthly pension

PHP 18,110.88

RA 8291 pension rule

18-month option

PHP 325,995.84

Before deductions

60-month option

PHP 0.00

Before deductions

Terminal leave

PHP 0.00

Salary × days × factor

Total benefits — 18

PHP 325,995.84

Gross: 18-mo lump sum + TLB

Total benefits — 60

PHP 0.00

Gross: 60-mo lump sum + TLB

Detalyadong Breakdown limpyo ma-dawat

Line item	18-month option	60-month option	Why
Lump-sum option (N × BMP)	PHP 325,995.84	PHP 0.00	18 × BMP (Option B) o 60 × BMP (Option A) per RA 8291 §13-A.
+ Terminal Leave Benefit (TLB)	PHP 0.00	PHP 0.00	salary × leave_days × 0.0481927. CSC §53 Rule XVI.
= GROSS retirement pay	PHP 325,995.84	PHP 0.00	Lump-sum + TLB.
LESS — Deductions
- GSIS loan balance	PHP 0.00	PHP 0.00	GSIS auto-offsets loans before release.
- Pag-IBIG balance	PHP 0.00	PHP 0.00	Pag-IBIG MPL / Housing loan offset.
- Coop loans	PHP 0.00	PHP 0.00	PACIGEA / GEMPC / CLEMCO / LandBank.
- Other deductions	PHP 0.00	PHP 0.00	Misc admin.
= Total deductions	PHP 0.00	PHP 0.00	Sum sa tanan deductions.
NET LIMPYO MA-DAWAT	PHP 325,995.84	PHP 0.00	Gross MINUS total deductions.

RA 8291 §39 + RA 4917: retirement benefits and terminal leave are tax-exempt. Monthly pension (BMP) is paid separately after the lump-sum period.

Retirement overview

AMC active

PHP 40,637.00

(DEFAULT)

GSIS contribution

PHP 3,657.33

@ 9.00%

Net 18-month

PHP 325,995.84

Net 60-month

PHP 0.00

Milestones

Service start year

2009

from date hired

30-yr projection

PHP 30,477.75

by 2039

35-yr projection

PHP 35,557.38

by 2044

Age 60 forecast

Nov 20, 2042

earliest optional

Age 65 forecast

Nov 20, 2047

compulsory

Retirement date

Nov 20, 2047

at compulsory age

Plan formula

RA 8291 exact rule: 2.5% × RAMC × 17.53 yrs, capped at 90% of AMC. Monthly pension 18,110.88.

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Estimates only. RA 8291 + CSC Sec. 53 Rule XVI. GSIS and DBM remain the official basis.