Professional Documents
Culture Documents
RCD Presentation
RCD Presentation
OLD REQUIREMENTS
___________________________
Signature over Printed Name
Computation of 3 YEARS LUMP SUM/ OUTRIGHT PENSION
A. Retirement Gratuity (3yrs Lump Sum)
I. Creditable Years of Service:
YEARS MONTHS DAYS
Date of Retirement 2021 09 24
Date Entered Service 1990 08 02_
31 01 22
II. Highest Salary Received: (SINSP)
BP P 56,582.00
LP (5) 28,291.00
Total Salary: P 84,873.00
III. Computation of Total Rate:
1. 31 yrs x 2.5% = 77.00000%
2. 01 mos./12 mos.x 2.5% = 0.20833 %
3. 22 days/360% x 2.5% = 0.15278 %
Total Rate: 77.86111%
IV. Monthly Pension ( Total Salary x Total Rate)
P 84,873.00 x 77.86111% = P 66,083.06/mo.
V. THREE YEARS LUMP SUM (Monthly Pension x 36 mos.)
P 66,083.06/mo. X 36 mos. = P2,378,990.16
Computation of 3 YEARS LUMP SUM/ OUTRIGHT PENSION
Sample Computation: 2 Gaps In Service
Sample Computation (3 Gaps in Service)
B. TERMINAL/ COMMUTATION OF LEAVE CLAIM FOLDER (1 SET- 2 COPIES EACH DOCUMENT)
OLD REQUIREMENTS
A. Endorsement from Region
B. ATM Account Information
C. Personal Data Sheet (PDS)
D. Retirement Order
E. Service Record
F. Original Appointment and Latest Appointment
G. Itemized Leave Record, Application for Leave record with
Certificate of Monetization
H. Money property accountability with cert of badge Returned,
Affidavit of undertaking
I. Statement of Assets, Liabilities and Net Worth
J. Certificate of deletion
K. Certificate of cancellation (if any)
L. Loan Balances (AFPSLAI, AMWSLAI, AFPMBAI, FSMBAI, BFPMPC, BFPMBAI,
GCSMPC clearance)
B. TERMINAL/ COMMUTATION OF LEAVE CLAIM FOLDER (1 SET- 2 COPIES EACH DOCUMENT)
FORMULA:
TLB = S x D x CF
TLB = Salary (BP+LP) x D-No. of Leave Credits x CF- Constant Factor (.0481927)
Prorated Computation :
1,135,960.96/50% = 567,980.48
Sample: AFPSLAI
434,931.45 Actual AFPSLAI Loan Amount
/ 708,674.82 Sum of All Loan Balances
X 50% of Claimed Amount_ (567,980.48)__
Sample: AFPMBAI
273,742.37 Actual AFPMBAI Loan Amount
/ 708,674.82 Sum of All Loan Balances
X 50% of Claimed Amount_ (567,980.48)__
Computation: SFO4
Based on:
Retired Grade x 12 mos.
P38,366.00 x 12 mos.
P460,392.00= 1 YEAR FULL SALARY
C.2. TOTAL PERMANENT PHYSICAL DISABILITY BENEFITS CLAIMs FOLDER
(1 SET -2 COPIES EACH DOCUMENT)
Formula= BP x 80%
=34,761.00 x 80%
Computation:
SURVIVORSHIP PENSION
Date of Death (January 15, 2021) Date of Death (January 15, 2021)
Salary Received (January 1-31, 2021) Salary Received (January 1-31, 2021)
Overpayment 15-31 January 2021 Overpayment 15-31 January 2021
Deletion: February 2021 Deletion: March 2021
Overpayment Overpayment
=15-31 January 2021 =15-31 January 2021
=17/31 x Gross Pay =17/31 x Gross Pay
=44,180.23 = 44,180.23 ( Feb 2021)
= 80,563.94 March 2021
=124,744.17 Overpayment for Feb and March
DEATH BENEFITS CLAIM
DIFFERENT CLAIMS MORE THAN 20 YEARS LESS THAN 20 YEARS