The new law is incorporated in the measure proposing the mandatory retirement after 30 years of service.
The inauguration funds will come from local revenues, the inauguration ceremony will be held at the capitol.House Bill No. 7-41-2, HD2, SD3, PD1 meanwhile mandates retirement upon the completion of 30 years in service and to provide civil service employment opportunities for young people and to streamline the national government payroll for greater economic efficiency.The law said that the effective date of the 30 years mandatory service retirement legislation in July 1999, the cost of paying benefits and the unfunded liability of the Civil Service Plan has increased dramatically.The new law also said that all employees who are 60 years of age or older shall retire except for those in employment positions exempted by the board or those individuals who receive specific exemptions from the board, provided that an exempted employee may not serve more than one year after the effective date of the law.The transition committee is now in preparation for the inauguration ceremony slated on January 15.
