Bill Type
House Bill
Congress Name
12th Congress of the Republic
Long Title
AN ACT PROVIDING FOR THE RATIONALIZATION OF SALARIES OF OFFICIALS AND EMPLOYEES OF GOVERNMENT-OWNE D OR CONTROLLED- CORPORATIONS AND GOVERNMENT FINANCIAL INSTITUTIONS EXEMPTED FROM THE COMPENSATION AND POSITION CLASSIFICATION SYSTEM
Congress Author
JALA, ELADIO "BOY"
Date filed
October 1, 2002
Scope
NATIONAL
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 5262, 12th Congress of the Republic
FULL TITLE : AN ACT PROVIDING FOR THE RATIONALIZATION OF SALARIES OF OFFICIALS AND EMPLOYEES OF GOVERNMENT-OWNE D OR CONTROLLED- CORPORATIONS AND GOVERNMENT FINANCIAL INSTITUTIONS EXEMPTED FROM THE COMPENSATION AND POSITION CLASSIFICATION SYSTEM
ABSTRACT : This bill allows all officials and employees of government-owne d or-controlled corporations and government financial institutions which, by virtue of their Charters, are exempted from the Compensation and Position Classification System, to receivecompensation of more than twice the salaries of equivalent ranks and positions in other government agencies. > Incumbent officials and employees who are receiving compensation exceeding the standardized salary rate as provided in the Compensation andPosition Classification System, but not more than twice the salary of equivalent rank or position in other government agencies, at the time of the effectivity of this Act, shall continue to receive such compensation: Provided, That subsequent increaases shall be in accordance with the salary prescribed under this Act.
PRINCIPAL AUTHOR/S : JALA, ELADIO "BOY"
DATE FILED : 2002-10-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Chatto (026 ) 2. Syjuco (041 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2002-10-07

Abstract

This bill allows all officials and employees of government-owne d or-controlled corporations and government financial institutions which, by virtue of their Charters, are exempted from the Compensation and Position Classification System, to receivecompensation of more than twice the salaries of equivalent ranks and positions in other government agencies. > Incumbent officials and employees who are receiving compensation exceeding the standardized salary rate as provided in the Compensation andPosition Classification System, but not more than twice the salary of equivalent rank or position in other government agencies, at the time of the effectivity of this Act, shall continue to receive such compensation: Provided, That subsequent increaases shall be in accordance with the salary prescribed under this Act.

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