Bill Type
Long Title
AN ACT PROVIDING FOR THE ANNUAL INCREASE OF THE AMOUNT OF PENSION PAID TO ALL RETIRED GOVERNMENT EMPLOYEES BY AT LEAST AN AMOUNT EQUIVALENT TO THE RATED ANNUAL INCREASE IN THE NATIONAL LIVING INDEX AND FOR OTHER PURPOSES
Congress Author
Date filed
July 9, 2004
Scope

Legislative History

House Bill/Resolution NO. HB01340
FULL TITLE : AN ACT PROVIDING FOR THE ANNUAL INCREASE OF THE AMOUNT OF PENSION PAID TO ALL RETIRED GOVERNMENT EMPLOYEES BY AT LEAST AN AMOUNT EQUIVALENT TO THE RATED ANNUAL INCREASE IN THE NATIONAL LIVING INDEX AND FOR OTHER PURPOSES
ABSTRACT : The rising cost of living has made it increasingly difficult for retired government employees to provide for their family's daily sustenance from their monthly pension. The bill seeks to grant retirees an automatic increase in their pension equivalent to the annual rate of increase in the cost of living index.
PRINCIPAL AUTHOR/S : ZUBIRI, JUAN MIGUEL F.
DATE FILED : 2004-07-09
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Codilla (020 ) 2. Arroyo (026 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2004-08-02
SECONDARILY REFERRED TO THE COMMITTEE(S) ON CIVIL SERVICE AND PROFESSIONAL REGULATION

Abstract

The rising cost of living has made it increasingly difficult for retired government employees to provide for their family's daily sustenance from their monthly pension. The bill seeks to grant retirees an automatic increase in their pension equivalent to the annual rate of increase in the cost of living index.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.