Reiterating the Policy on Retention in the Service of Persons Who Have Reached the Compulsory Retirement Age of 65 Years

December 15, 1995 REVENUE MEMORANDUM CIRCULAR NO. 10-96 SUBJECT : Reiterating the Policy on Retention in the Service of Persons Who Have Reached the Compulsory Retirement Age of 65 Years TO : All Revenue Officials and Employees and others concerned For the information and guidance of all revenue officials and employees, quoted hereunder is Department of Finance Memorandum dated November 22, 1995. "Quoted hereunder is the content of Memorandum Circular No. 134 dated October 21, 1995 of the Office of the President on the above subject matter. "It has been observed that despite the strict conditions provided for in Memorandum Circular No. 163 dated March 5, 1968, as amended, requests for retention in the service of government personnel who have reached the compulsory retirement age of 65 years are still being recommended/requested by heads of offices concerned. In this connection, all heads of departments, bureaus, offices and instrumentalities of the government including government owned or controlled corporations, are hereby enjoined to require their respective offices to strictly comply with the pertinent portion of which reads as follows: "Officials or employees who have reached the compulsory retirement age of 65 years shall not be retained in the service, except for extremely meritorious reasons in which case the retention shall not exceed six (6) months". This Circular shall take effect immediately. By authority of the President: (Sgd.) RUBEN D. TORRES Executive Secretary Strict compliance to the aforesaid Memorandum Circular is hereby enjoined. (Sgd.) MA. ELEANOR F. DELA CRUZ Assistant Secretary" All revenue officials and employees are enjoined to give this circular as wide a publicity as possible. LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue