Senate OKs differential pension for DFA retirees

The Senate of the Philippines approved, on the third and final reading, a measure that provides a pension differential for retired employees of the Department of Foreign Affairs (DFA). 

Senate Bill 2863 aims to provide a monthly pension differential to officers and employees of the DFA who are receiving a monthly pension from the GSIS and those who opted to retire under Republic Act No. 1616. 

Under the bill, beneficiaries must reach 65 and have served the DFA for at least 15 years before retiring. 

The monthly pension differential shall be the difference between the basic monthly pensions and years of service of retirees holding the same rank, multiplied by the adjustment factor. SB 2863 will also address the concerns of family members who are left behind after a DFA retiree dies. 

The bill allows the surviving legal spouse, as long as he or she has not remarried, and the qualified dependent children to receive 50 percent of the pension differential the deceased retiree received or is entitled to.

Senator Mark Villar, who sponsored the bill, expressed his gratitude to the chamber for supporting it.

“The bill’s approval on Third Reading takes our distinguished DFA retirees one step closer to a reality where they can bask in the fruit of the hard work and labor they have graciously offered to the Philippines,” he said in his manifestation. 

Villar stressed the pressing need to enact the measure to compensate the DFA retirees and foreign service personnel. 

“Our DFA retirees have, literally and figuratively, crossed borders and flown miles, to ensure that our country’s diplomatic ties remain favorable and suitable to the needs of Filipinos here and abroad,” he added.

“It is high time that we return this sacrifice. It is important to note that this bill is not solely about financial compensation,” he added. 

Villar said the approval of the bill “is a long-overdue recognition of the extraordinary and unique sacrifices made by our foreign service personnel.”

“Through this bill, our retirees are assured of pensions that are apt to the life-long service they have graciously offered to the country.”