Duterte abolishes gov’t-owned Partido Development Administration 395 SHARES Share it! Share TweetBy Argyll Cyrus GeducosPresident Duterte has abolished the Partido Development Authority (PDA) for operating at a loss since it was founded almost 20 years ago. The will also settle the retirement and/or separation benefits of affected officers and employees of the PDA. 20 years and 1 day to 30 years: 1.25 x BMP x Number of years. 30 years and 1 day and above: 1.50 x BMP x Number of years.

Source: Manila Bulletin September 26, 2018 05:03 UTC