Bill Type
Long Title
AN ACT GRANTING RETIRED MEMBERS OF THE GOVERNMENT SERVICE INSURANCE SYSTEM THE FULL VALUE OF THEIR CONTRIBUTIONS TO THE SYSTEM, AND AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 8291, OTHERWISE KNOWN AS 'THE GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997'
Date filed
July 30, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01546 | |
| FULL TITLE : AN ACT GRANTING RETIRED MEMBERS OF THE GOVERNMENT SERVICE INSURANCE SYSTEM THE FULL VALUE OF THEIR CONTRIBUTIONS TO THE SYSTEM, AND AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 8291, OTHERWISE KNOWN AS 'THE GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997' | |
| ABSTRACT : Introduces the concept of full value of contributions which shall be used as the basis for the payment to the retirees of their lump sum and basic monthly pension benefits which are likewise redefined in this Act. | |
| PRINCIPAL AUTHOR/S : ABAYA, PLARIDEL M. | |
| DATE FILED : 1998-07-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| 5. | 6. |
| 7. | 8. |
| 9. | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 1998-08-05 |
Abstract
Introduces the concept of full value of contributions which shall be used as the basis for the payment to the retirees of their lump sum and basic monthly pension benefits which are likewise redefined in this Act.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.