Section 24Sec./Art. 24

Transitory Provisions. (a) The incumbent Director and two (2) incumbent Assistant Directors shall serve under the terms for which they have been appointed without need of new appointments upon the enactment of this Act.

(b) All incumbent personnel who, upon the effectivity of this Act, shall opt to early or optionally retire from the service will be entitled to the retirement benefits computed as follows:

<>Age

Age Basis for Computing Benefits

57

62

<>58

63

59

64

60

65

(c) All incumbent personnel, upon the effectivity of this Act, may continue to render services until one reaches the compulsory age of retirement for public officers of sixty-five (65). Those who shall be newly hired will have a compulsory age retirement of fifty-six (56) years pursuant to the prevailing provisions on retirement age of those who are in the uniformed services.