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Annex I CHECKLIST OF REQUIREMENTS I. SEPARATION A. COMPULSORY RETIREMENT: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. Letter of Intent Application for Retirement
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Gather all the necessary documents such as your identification, employment records, and any other relevant paperwork.
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Compulsory retirement is the mandatory retirement of employees at a certain age or after they have reached a specific number of years in service.
Employers are required to file compulsory retirement for employees who have reached the retirement age or service limit set by the company or regulations.
Compulsory retirement can be filled out by submitting the necessary forms and documents to the HR department or relevant authority, following the guidelines provided.
The purpose of compulsory retirement is to manage workforce planning, ensure turnover of positions, and offer opportunities for younger employees to advance in their careers.
Information such as employee details, retirement age or service limit, reason for retirement, and any benefits or entitlements due to the employee must be reported on compulsory retirement.
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