Bill Type
Long Title
AN ACT AMENDING SECTION 14-B OF REPUBLIC ACT NO. 11199, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 2018
Date filed
June 29, 2020
Scope

Legislative History

House Bill/Resolution NO. HB07039
FULL TITLE : AN ACT AMENDING SECTION 14-B OF REPUBLIC ACT NO. 11199, OTHERWISE KNOWN AS THE SOCIAL SECURITY ACT OF 2018
ABSTRACT : Proposes to amend Sec. 14-B of R.A. 11199 which shall be read as follows:Section 14-B. Unemployment Insurance - A member who is not over sixty (60) years of age who has paid at least thirty-six (36) months contributions twelve (12) months of which should be in the eighteen months immediately preceding the unemployment shall be paid benefits in the form of monthly cash payments equivalent to fifty (50%) of the average monthly salary credit for a maximum of two (2) months.Intends to mandate the Social Security Commission to amend the Implementing Rules and Regulations of the existing law.
PRINCIPAL AUTHOR/S : SALVADOR-TAMBUNTING, JOY MYRA
DATE FILED : 2020-06-29
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2020-07-28

Abstract

Proposes to amend Sec. 14-B of R.A. 11199 which shall be read as follows:Section 14-B. Unemployment Insurance - A member who is not over sixty (60) years of age who has paid at least thirty-six (36) months contributions twelve (12) months of which should be in the eighteen months immediately preceding the unemployment shall be paid benefits in the form of monthly cash payments equivalent to fifty (50%) of the average monthly salary credit for a maximum of two (2) months.Intends to mandate the Social Security Commission to amend the Implementing Rules and Regulations of the existing law.

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