Bill Type
Congress Name
Long Title
AN ACT INCREASING THE MINIMUM MONTHLY PENSION OF PRIVATE SECTOR PENSIONERS BY AMENDING SECTION 12 OF RA 11199, OTHERWISE KNOWN AS THE "SOCIAL SECURITY ACT OF 2018"
Text as filed (link)
Date filed
July 1, 2019
Scope
Legislative History
| House Bill/Resolution NO. HB00083 | |
| FULL TITLE : AN ACT INCREASING THE MINIMUM MONTHLY PENSION OF PRIVATE SECTOR PENSIONERS BY AMENDING SECTION 12 OF RA 11199, OTHERWISE KNOWN AS THE "SOCIAL SECURITY ACT OF 2018" | |
| ABSTRACT : Aims to increase the SSS minimum monthly pension of private sector pensioners from One thousand two hundred pesos (P1,200.00) to Three thousand two hundred pesos (P3,200.00) for members with at least ten (10) credited years of service and from Two thousand four hundred pesos (P2,400.00) to Four thousand four hundred pesos (P4,400.00) for those with twenty (20) credited years of service, and shall be given in two tranches. | |
| PRINCIPAL AUTHOR/S : GARBIN, ALFREDO JR. A. | |
| DATE FILED : 2019-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Salceda (000 2019-08-13) | 2. Agabas (000 2019-10-02) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2019-07-23 |
Abstract
Aims to increase the SSS minimum monthly pension of private sector pensioners from One thousand two hundred pesos (P1,200.00) to Three thousand two hundred pesos (P3,200.00) for members with at least ten (10) credited years of service and from Two thousand four hundred pesos (P2,400.00) to Four thousand four hundred pesos (P4,400.00) for those with twenty (20) credited years of service, and shall be given in two tranches.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.