The Senate earmarked an amount of $150,000 for Fiscal Year 2009 to the Office of the President to fund the inauguration of the next president and the 8th Constitutional Government in January 15, 2009.
The Senate said the entire amount of funds will come from local revenues.The funding for the ceremony was a rider to the proposed measure which amends Section 1 of RPPL No. 4-49, as amended in RPPL 5-30 and codified in 33 PNC Section 2040, the mandatory retirement after 30 years of service. The intention of the bill was to mandate retirement upon the completion of 30 years service was to provide civil service employment opportunities for young people and to streamline the national government payroll for greater economic efficiency. The new provisions of this law would enable those employees wishing to retire after thirty years of service to do so for a grace period of one year after the effective date of this Act. All employees, regardless of the grace period, must retire at the age of 60.
