Bill Type
Long Title
AN ACT INCREASING THE MONTHLY RETIREMENT PENSION OF ALL SOCIAL SECURITY SYSTEM (SSS) RETIREES TO A MINIMUM LEVEL OF SIX THOUSAND (P6,000.00) PESOS UNDER AN ECONOMIC ADJUSTMENT PENSION PROGRAM
Congress Author
Date filed
July 11, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 982, 12th Congress of the Republic
FULL TITLE : AN ACT INCREASING THE MONTHLY RETIREMENT PENSION OF ALL SOCIAL SECURITY SYSTEM (SSS) RETIREES TO A MINIMUM LEVEL OF SIX THOUSAND (P6,000.00) PESOS UNDER AN ECONOMIC ADJUSTMENT PENSION PROGRAM
ABSTRACT : This bill shall provide for the adjustment of Social Security System monthly pension to Three Thousand Pesos (P3,000), provided that in the succeeding years upon approval of this Act, said amount will be increased annualy by not less than One Thousand Five-Hundred Pesos (P1,500) until the total monthly pension shall be at least Six Thousand Pesos (P6,000) per month.
PRINCIPAL AUTHOR/S : ESPINA, GERARDO S.
DATE FILED : 2001-07-11
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Calizo (006 ) 2. Jaraula (014 )
3. Badelles (020 ) 4. Syjuco (041 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2001-07-25

Abstract

This bill shall provide for the adjustment of Social Security System monthly pension to Three Thousand Pesos (P3,000), provided that in the succeeding years upon approval of this Act, said amount will be increased annualy by not less than One Thousand Five-Hundred Pesos (P1,500) until the total monthly pension shall be at least Six Thousand Pesos (P6,000) per month.

Disclaimer

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