Bill Type
Long Title
AN ACT GRANTING SPECIAL BENEFITS TO GOVERNMENT PERSONNEL RETIRED UNDER R.A. 660, R.A. 1616 AND P.D. 1146, WHO ARE 70 YEARS OR OLDER, BY PROVIDING NEW PROCEDURES IN THE COMPUTATION OF MONTHLY PENSIONS, AND FOR OTHER PURPOSES
Congress Author
Date filed
October 9, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 3456, 12th Congress of the Republic
FULL TITLE : AN ACT GRANTING SPECIAL BENEFITS TO GOVERNMENT PERSONNEL RETIRED UNDER R.A. 660, R.A. 1616 AND P.D. 1146, WHO ARE 70 YEARS OR OLDER, BY PROVIDING NEW PROCEDURES IN THE COMPUTATION OF MONTHLY PENSIONS, AND FOR OTHER PURPOSES
ABSTRACT : This bill proposes to modify the manner of computing the monthly pension of retirees by making the salary schedule provided in Executive Order No. 389 as one of the bases. This would give substance to the provision of RA 7432 (Senior Citizens Act),particularly, Section 6 thereof, which reads: "Section 6. Retirement benefits. To the extend practicable and feasible, retirement benefits from both the Government and the Private sector shall be upgraded at par with the current scale enjoyed by those in actual service." This bill would also allow the change of modes of retirement of those that previously retired under RA 1616 and are now 70 years or older.
PRINCIPAL AUTHOR/S : PADILLA, CARLOS M.
DATE FILED : 2001-10-09
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Espina (035 ) 2. Chipeco (050 )
3. Syjuco (070 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2001-10-15
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

This bill proposes to modify the manner of computing the monthly pension of retirees by making the salary schedule provided in Executive Order No. 389 as one of the bases. This would give substance to the provision of RA 7432 (Senior Citizens Act),particularly, Section 6 thereof, which reads: "Section 6. Retirement benefits. To the extend practicable and feasible, retirement benefits from both the Government and the Private sector shall be upgraded at par with the current scale enjoyed by those in actual service." This bill would also allow the change of modes of retirement of those that previously retired under RA 1616 and are now 70 years or older.

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