Implementing Rules and Regulations of Republic Act No. 10789 Otherwise Known as the "Racehorse Jockeys Retirement Act"

 February 2, 2017DOLE DEPARTMENT ORDER NO. 169-17IMPLEMENTING RULES AND REGULATIONS OF REPUBLIC ACT NO. 10789 OTHERWISE KNOWN AS THE "RACEHORSE JOCKEYS RETIREMENT ACT"Pursuant to Section 4 of Republic Act No. 10789 or the "Racehorse Jockeys Retirement Act," the following implementing rules and regulations are hereby issued: RULE II-BSECTION 1. Coverage. — This Rule shall apply to all professional racehorse jockeys who are duly licensed by the Philippine Racing Commission (PHILRACOM) pursuant to Republic Act No. 10789.SECTION 2. Retirement Age and Other Requirements. — 2.1 Compulsory Retirement. — In the absence of a retirement plan or other applicable agreement providing for retirement benefits of racehorse jockeys, any such employee shall be compulsorily retired upon reaching the age of fifty-five (55) years, provided that he/she has served for at least five (5) years as racehorse jockey and has paid additional premiums to the Social Security System (SSS).2.2 Service Requirement. — The minimum length of service of at least five (5) years required for entitlement to retirement pay shall include authorized absences and vacations, holidays, and mandatory fulfillment...