Document background
The Retirement Notice Letter To Employee is a crucial document in Philippine employment relations, required when an employee reaches the statutory retirement age (60-65 years) or opts for voluntary retirement as per company policy. This document is governed by Philippine labor laws, particularly Republic Act No. 7641 and the Labor Code of the Philippines. It serves multiple purposes: officially documenting the retirement arrangement, confirming the retirement date, outlining the benefits computation as per legal requirements, and providing guidance on the retirement process. The letter should be issued with sufficient notice before the effective retirement date to ensure smooth transition and proper processing of retirement benefits. It needs to comply with both statutory requirements and company policies while maintaining a professional and respectful tone given the significant nature of retirement in an employee's career.
