EMPLOYEE RETIREMENT

Simplify Employee Retirement and Final Settlement Management

Looking for a faster way to handle employee clearance, final pay, and retirement requests?

eezi’s cloud-based retirement module brings clearance, final settlement, retirement requests, and reporting into one place. It connects directly with your HRIS and payroll system in the Philippines, so HR teams can close out every separation accurately, on time, and without spreadsheets.

Employee Retirement management software

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Make Employee Retirement Processing More Organized and Efficient

Employee retirement involves more than preparing retirement pay. HR teams also need to coordinate employee clearance, review outstanding accountabilities, organize final settlement records, and maintain proper documentation.

eezi helps simplify employee retirement administration by bringing retirement-related HR processes into a more organized system. Manage clearance and final settlement activities while keeping employee information connected to your broader HR and payroll operations.

Employee Retirement management
Automate Employee Clearance and Final Pay Computation

01 – CLEARANCE & FINAL SETTLEMENT

Automate Employee Clearance and Final Pay Computation

A slow clearance delays everything that follows. eezi routes your employee clearance process to each department, tracks every sign-off in real time, and carries the results into your final pay computation in the Philippines, with no re-encoding and fewer errors.

With eezi, HR teams can:

  • Set up clearance steps and responsible approvers per department
  • Monitor pending and completed clearances in one view
  • Consolidate employee accountabilities before releasing final pay
  • Compute final settlement from existing payroll and timekeeping records
  • Keep a complete, auditable record of every separation

02 – REPORTS

Retirement and Final Settlement Reports with Full HR Visibility

eezi’s retirement reports show HR, finance, and management who is retiring, which clearances are still open, and how much final pay is due. Generate them in a few clicks and pair them with the HR analytics dashboard to plan manpower and succession earlier.

Use eezi reports to:

  • Track upcoming retirements and plan for workforce changes
  • Review pending and completed clearances by department
  • Prepare final settlement amounts for finance and payroll
  • Keep records ready for internal audits and compliance reviews
  • Support HR and payroll reporting with accurate, up-to-date data
employee retirement reports
Inductions & Orientations

03 – Retirement REQUEST

Digital Retirement Requests with Faster Approvals

Retirement requests shouldn’t live in email threads and printed forms. With eezi, employees submit requests digitally, and HR reviews, approves, and tracks each one from a single dashboard. Approved requests flow straight into clearance and final pay, and employees can follow their status through the eezi employee mobile app.

With eezi’s request feature, you can:

  • Receive and review retirement requests in one place
  • Route requests through the right approvers
  • Give employees clear status updates without extra emails
  • Link approved requests directly to clearance and final settlement
  • Maintain a digital record that is easy to find and audit

Retirement Request Approval Workflow with Full Audit History

Employees submit retirement requests online, and approvers approve or reject them in one click. Pending requests can be edited, canceled, or deleted, and every step is recorded in a complete request history.

1

Submit Request Submit Request

Requester enters the position, department, headcount and justification, then submits.

2

Pending Approval Pending Approval

The request waits in the approver’s queue until a decision is made.

3

Approver Approves or Rejects Approver Approves or Rejects

The approver reviews the request and approves or rejects it, with a comment.

4

Edit, Cancel or Delete Edit, Cancel or Delete

While the request is pending, the requester can edit it, cancel it or delete it.

5

Saved to employee record History

Every action is logged with who did it, when, and any comment, for a full audit trail.

Why Businesses Choose eezi for Retirement and Final Pay

eezi is a cloud-based HRIS and payroll software built specifically for Philippine businesses. The retirement module is part of the same platform you already use for employee records, attendance, and salary processing, so there is nothing extra to connect or learn.

One connected platform: Retirement, HRIS, payroll, and timekeeping share the same data.

User-friendly interface: HR teams can start using it quickly, with no heavy training.

Affordable for SMEs: Enterprise-level automation at a cost that makes sense for growing companies. See pricing.

Responsive local support: Our team understands Philippine HR and payroll requirements.

Workforce Insights: Use available HR and payroll information to support administrative decisions.

Built for Philippine Businesses of Every Size and Industry

Whether you manage 20 employees or 500, eezi’s retirement module helps you handle employee clearance, final pay, and retirement requests in one structured process. It supports BPO, manufacturing, retail, logistics, construction, hotels and restaurants, healthcare, and startups, including teams with multiple branches and shift-based schedules.

As your workforce grows, eezi helps you move from manual separation and retirement tasks to a consistent, well-documented process that works with your HRIS and payroll.

Small and Medium-Sized Businesses Small and Medium-Sized Businesses

Replace paper clearance forms and spreadsheets with a simple digital process for retirement requests and final pay, even with a small HR team.

Growing Organizations with Multiple Departments Growing Organizations with Multiple Departments

Route clearance to every department and branch, so each sign-off is tracked before final pay is computed, however many people or locations are involved.

HR and People Operations Teams HR and People Operations Teams

Review requests, track clearance sign-offs, and generate retirement and final settlement reports from one dashboard, with consistent records for every separation.

Built to Support Philippine Final Pay, Retirement Pay, and COE Requirements

Under DOLE Labor Advisory No. 06, Series of 2020, final pay is generally released within 30 days from separation, and a Certificate of Employment (COE) within three days of the employee’s request. Retirement pay follows the Retirement Pay Law (RA 7641), with tax treatment set by BIR rules.

eezi keeps requests, clearance, and final settlement in one workflow with your payroll and HRIS, so no deadline slips. For the latest rules, check the official DOLE and BIR websites. Your legal or HR advisers have the final say on each case.

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Frequently Asked Questions About Employee Retirement Management

An employee retirement management system helps HR teams organize retirement-related activities, including employee clearance, retirement documentation, final settlement preparation, and employee records management.

An employee clearance process is the step-by-step sign-off that confirms a separating or retiring employee has returned company property and settled any accountabilities before final pay is released. eezi lets HR route clearance to each department and track approvals digitally.

Final pay generally includes the employee’s remaining salary and other amounts the employee is entitled to under company policy and law, such as pro-rated 13th month pay and convertible leave credits, less any valid deductions.

Yes. eezi uses the employee’s existing payroll, attendance, and leave records to support final settlement computation, which reduces manual encoding and errors.

Yes. Employees can submit requests digitally, and HR can review, approve, and track them from one dashboard.

The module provides reports on retirement requests, clearance status, and final settlement, which HR and finance can use for planning, audits, and compliance reviews.

Yes. It works alongside eezi’s HRIS, payroll, timekeeping, and analytics modules on one cloud-based platform.

Yes. eezi is built for Philippine startups, SMEs, and growing organizations, with affordable pricing and an easy-to-use interface.

Requirements may vary depending on company policy and the applicable retirement arrangement. Common documents include retirement notices, employee records, clearance documentation, payroll records, and supporting benefit computation documents.

HR software can help HR teams organize employee records, access payroll information, manage requests, and maintain retirement-related documentation in a centralized system.

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Ready to Simplify Clearance, Final Pay, and Retirement?

See how eezi helps your HR team close out every separation faster and more accurately.

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EZRA

HRIS Specialist, voice of EEZI EZRA is a seasoned HR operations professional with 10+ years helping mid-market businesses untangle payroll chaos, compliance headaches, and manual HR processes. Warm but direct. Confident without being salesy. Empathetic to the pain of legacy systems. Always solution-first. Uses "we" — EZRA speaks as part of the EEZI team, not as a vendor.