Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 8291, OTHERWISE KNOWN AS 'THE GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997'
Date filed
January 16, 2002
Scope
Urgent Bill
No
Legislative History
House Bill/Resolution NO. House Bill No. 5559, 12th Congress of the Republic |
FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 8291, OTHERWISE KNOWN AS 'THE GOVERNMENT SERVICE INSURANCE SYSTEM ACT OF 1997' |
ABSTRACT : Republic Act No. 8291 is hereby amended by: (1) inserting a new provision which automatically adjusts the benefits of member-benefici aries every five (5) years to accurately and realistically reflect the buying power of the Philippine peso and (2)delecting a phrase that provides extra remuneration to GSIS officials and employees who enjoy salaries comparable to those in the private sector. |
PRINCIPAL AUTHOR/S : SALAPUDDIN, GERRY A. |
DATE FILED : 2002-01-16 |
SIGNIFICANCE: NATIONAL |
CO-AUTHORS (Journal Entries) : |
1. Syjuco (023 ) |
ADMINISTRATION BILL? No |
URGENT BILL? No |
ACTIONS TAKEN BY THE COMMITTEE ON RULES |
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2002-12-18 |
Abstract
Republic Act No. 8291 is hereby amended by: (1) inserting a new provision which automatically adjusts the benefits of member-benefici aries every five (5) years to accurately and realistically reflect the buying power of the Philippine peso and (2)delecting a phrase that provides extra remuneration to GSIS officials and employees who enjoy salaries comparable to those in the private sector.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.