Oro Enterprises, Inc. v. NLRC [November 14, 1994]
In Oro Enterprises, Inc. v. NLRC, the Supreme Court held that Republic Act No. 7641, which grants retirement pay to employees without a retirement plan, applies retroactively to existing employment contracts. This interpretation favors workers, ensuring financial security upon retirement, even if no prior agreement existed.
Oro Enterprises, Inc. v. NLRC [November 14, 1994] Read More »