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	GR No. 214961 2015-09-16	BANCO DE ORO UNIBANK v. GUILLERMO C. SAGAYSAY MENDOZA, J.
Retirement is the result of a bilateral act of the parties, a voluntary agreement between the employer and the employee whereby the latter, after reaching a certain age, agrees to sever his or her employment with the former.[24] Article 287 of the Labor Code is the primary provision which governs the age of retirement and states:Art. 287. Retirement. xxx