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Aquino, et al. vs. NLRC

CONRADO M. AQUINO, NAPOLEON B. AROMIN, ROBERTO A. GASPAN and NICARDO P. BLANQUISCO, petitioners, vs. NATIONAL LABOR RELATIONS COMMISSION AND OTIS ELEVATOR COMPANY, respondents.

G.R. No. 87653 | 1992-02-11

 
D E C I S I O N

CRUZ, J.:

The petitioners' services were terminated on the ground of retrenchment, and they received separation pay double that required by the Labor Code. Thereafter, they demanded retirement benefits, invoking the Retirement Plan of the respondent company which they said was contractual rather than statutory. The question eventually submitted to the labor authorities was, 
having received the separation pay, were the petitioners still entitled to the retirement benefits? The Labor Arbiter said they were, but the NLRC reversed him. The issue is now before us for final resolution.

The petitioners were employees...