Bill Type
Congress Name
Long Title
AN ACT INCREASING THE BENEFITS OF RETIRED GOVERNMENT EMPLOYEES, AMENDING FOR THE PURPOSE COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED
Date filed
July 24, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 1352, 12th Congress of the Republic | |
| FULL TITLE : AN ACT INCREASING THE BENEFITS OF RETIRED GOVERNMENT EMPLOYEES, AMENDING FOR THE PURPOSE COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED | |
| ABSTRACT : Under this bill, government employees who retire under either RA 660 or PD 1146 would be receiving six (6) year-annual lump sum instead of the usual five (5) year annually. Further, the basis of the monthly annuity to be subsequently received is proposed to be the highest monthly salary rate received prior to retirement in lieu of the existing provision which provides that the basis of the annuity is the average monthly salary received during the last three years of service. | |
| PRINCIPAL AUTHOR/S : PICHAY, PROSPERO JR. A. | |
| DATE FILED : 2001-07-24 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Dumpit (062 ) | 2. Puentebella (069 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2001-07-30 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
Under this bill, government employees who retire under either RA 660 or PD 1146 would be receiving six (6) year-annual lump sum instead of the usual five (5) year annually. Further, the basis of the monthly annuity to be subsequently received is proposed to be the highest monthly salary rate received prior to retirement in lieu of the existing provision which provides that the basis of the annuity is the average monthly salary received during the last three years of service.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.