Full Title
AN ACT FURTHER AMENDING SECTION TWELVE OF COMMONWEALTH ACT NUMBERED ONE HUNDRED AND EIGHTY-SIX, AS AMENDED, BY PRESCRIBING TWO OTHER MODES OF RETIREMENT AND FOR OTHER PURPOSES.
Digital Resource
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Congress
3rd Congress of the Republic
Senate Bill No.
S. No. 664
House Bill No.
H. No. 7433
Legislative History (PDF)
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Plenary Deliberations
May 6, 1957
May 15, 1957
May 20, 1957
May 23, 1957 (Senate asked for a conference; House accepted the conference)
May 23, 1957 (Submission of conference report)
Date of Approval
May 31, 1957

Legislative History

Senate Bill No. 664.

An Act further amending Section Twelve of Commonwealth Act 186, as amended, by prescribing two other modes of retirement and for other purposes. 

May 6, 1957 

- Introduced by Senator Zulueta and filed; 

- Submitted to the Senate; 

- Referred to the Committee on Civil Service;

- Returned by said Committee with the Committee Report No.1504, recommending that it be approved without amendment. 
May 7, 1957 

Submitted said Report to the Senate. 
May 15, 1957 Passed on second reading by the Senate without amendments. 
May 17, 1957 Printed copies distributed to the Senators.
May 20, 1957 Passed on third reading by the Senate. 
May 23, 1957

- The House having passed a bill (HBN 7433) similar to this Bill, and owing to discrepancies found in the provisions of the two measures, the Senate asked for a conference, having designated as representatives on its part Senators Zulueta, Cea and Delgado; 

- The House insisted on its Bill and accepted the conference asked for by the Senate, having appointed as conference at the same on its part Congressmen Peralta, Salvador and Benito; 

- Conference Report was submitted with the statement that the Conference Committee has reached an agreement on the disagreeing votes of both Houses, and agreed to by the Senate. 
May 31, 1957

- Enrolled copies of the Bill were sent to the President of the Philippines for his action; 

- Approved by the President of the Philippines;

- Converted into Republic Act No. 1616.

 

Other Details

Issuance Category
Legislative Issuance
Legislative Issuance Type
Republic Act
Bill Note
House Bill Only

Official Gazette

Official Gazette Source
Official Gazette vol. 53 no. 14 page 4389 (7/31/1957)

Full Text of Issuance

S. No. 664 H. No. 7433 / 53 OG No. 14, 4389 (July 31, 1957)

[ REPUBLIC ACT NO. 1616, May 31, 1957 ]

AN ACT FURTHER AMENDING SECTION TWELVE OF COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED, BY PRESCRIBING TWO OTHER MODES OF RETIREMENT AND FOR OTHER PURPOSES.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Section twelve of Commonwealth Act Numbered One hundred eighty-six, as amended, is hereby further amended by adding two new paragraphs after paragraph (a) which reads as follows:

"(b) Notwithstanding the provisions of the preceding paragraph, a member may be allowed to retire after rendering a total service of thirty years, regardless of age, the retiring employee to receive a monthly annuity for life, but the benefit for service rendered after June sixteen, nineteen hundred and fifty-one, shall be whatever amount of annuity can be purchased by the accumulated government and personal contributions to the credit of a member plus interest allowed by the system on the date of retirement. Said annuity shall be computed in accordance with the mortality table and the rate of interest adopted by the system. This benefit shall be in addition to the benefit for service rendered prior to June sixteen, nineteen hundred and fifty-one as provided in section eleven (A) of this Act.

"(c) Retirement is likewise allowed to a member, regardless of age, who has rendered at least twenty years of service. The benefit shall, in addition to the return of his personal contributions plus interest, be only a gratuity equivalent to one month salary for every year of service, based on the highest rate received, but not to exceed twenty-four months. This gratuity is payable by the employer or office concerned which is hereby authorized to provide the necessary appropriation or pay the same from savings in its appropriations."

SEC. 2. Officials and employees paid gratuity under this act shall be entitled to the commutation of the unused vacation and sick leave which they may have to their credit at the time of retirement.

SEC. 3. Paragraphs b, c, d and e of section twelve of Commonwealth Act Numbered One hundred eighty-six, as amended, are hereby changed to paragraphs d, e, f and g, respectively.

SEC. 4. This Act shall take effect upon its approval.

Approved, May 31, 1957.

 

Source: Supreme Court E-Library