Salary Grade Increase for Retiring Public School Teachers

Salary Grade Increase for Retiring Public School Teachers

Public school teachers are entitled with Salary Increase upon Retirement as stipulated in the DECS, CHED, GSIS and DBM Joint Circular No. 1¬97, s. 1997, prescribing the guidelines in the implementation of the benefits arising from a one (1) salary grade increase for retiring public school teacher pursuant to Section 26 of RA -1670, otherwise known as “The Magna Carta for Public School Teachers”.

From the Magna Carta for Teachers, "Public school teachers having fulfilled the age and service requirements of the applicable retirement laws shall be given one range salary raise upon retirement, which shall be the basis of the computation of the lump sum of the retirement pay and the monthly benefits thereafter."

Attached is a copy of DECS, CHED, GSIS and DBM Joint Circular No. 1¬97, s. 1997, prescribing the guidelines in the implementation of the benefits arising from a one (1) salary grade increase for retiring public school teacher pursuant to Section 26 of RA -1670, otherwise known as “The Magna Carta for Public School Teachers”.

The effectivity date of the above mentioned Circular is January 1, 1996. It is therefore directed that all retirees in 1996 be informed of their additional retirement benefits. It is further directed that payments of such benefits should be given priority.

READ: Guidelines in the Implementation of the Benefits Arising From a One (1) Salary Grade Increase for Retiring Public School Teachers Pursuant to RA 4670

READ: Magna Carta for Teachers

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