Bill Type
Long Title
AN ACT FURTHER AMENDING PRESIDENTIAL DECREE NO. 361, AS AMENDED, PROVIDING FOR AN ARMED FORCES RETIREMENT AND SEPARATION BENEFITS SYSTEM AND FOR OTHER PURPOSES (RE: ADMINISTRATION BY BOARD OF TRUSTEES)
Congress Author
Date filed
October 7, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB04258
FULL TITLE : AN ACT FURTHER AMENDING PRESIDENTIAL DECREE NO. 361, AS AMENDED, PROVIDING FOR AN ARMED FORCES RETIREMENT AND SEPARATION BENEFITS SYSTEM AND FOR OTHER PURPOSES (RE: ADMINISTRATION BY BOARD OF TRUSTEES)
ABSTRACT : States that the AFP Retirement and Separation Benefits System (RSBS) shall be administered by a BOARD OF TRUSTEES composed of (1) the RSBS president and general manager; and eight (8) appointees of the President of the Philippines, four (4) of whomshall come from the banking, finance, investment and insurance sectors.
PRINCIPAL AUTHOR/S : GOLEZ, ROILO S.
DATE FILED : 1998-10-07
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON NATIONAL DEFENSE ON 1998-10-15

Abstract

States that the AFP Retirement and Separation Benefits System (RSBS) shall be administered by a BOARD OF TRUSTEES composed of (1) the RSBS president and general manager; and eight (8) appointees of the President of the Philippines, four (4) of whomshall come from the banking, finance, investment and insurance sectors.

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