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advancing my end of service benefits.

Winston Caga-anan

hello good day to all of the member and admin. i would like to ask about the end of service benefits. my situation goes like this. i am working here in my company for 8years now. how ever. when i go to vacation in my 6th year, i advances my end of service benefits i take all my benefits for that 6 years. my question is.  if i go exit my end of service will be 42days or 60days? because they tell me i will be reset to 42 days sinve i take all my benefits.

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Winston Caga-anan

any help?

Winston Caga-anan

any help?

RedTrumpet

@Winston Caga-anan

Your EOSB shall be paid equivalent from the LATEST monthly salary (basic+housing+food+transpo):


For the first 5 years - EOSB shall be paid half (50%) of salary per month per year.

After 5 years - EOSB shall be paid full (100%) of salary per month per year.


EOSB = total (n) years – amount cash advance deducted in 6th year


Your company should NOT reset calculation of EOSB.


Tell them to calculate your EOSB for 8 years in service base on LATEST monthly salary, and then deduct only the cash advance drawn in your 6th year.

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