Bill Type
Long Title
AN ACT ADJUSTING THE MINIMUM MONTHLY PENSION OF RETIREES IN THE PRIVATE SECTOR, AMENDING FOR THE PURPOSE THE SOCIAL SECURITY ACT, AS AMENDED
Date filed
May 30, 2000
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB11678 | |
| FULL TITLE : AN ACT ADJUSTING THE MINIMUM MONTHLY PENSION OF RETIREES IN THE PRIVATE SECTOR, AMENDING FOR THE PURPOSE THE SOCIAL SECURITY ACT, AS AMENDED | |
| ABSTRACT : Retirees in the private sector shall receive a maximum monthly pension of [One Thousand Two Hundred Pesos (P1,200.00) TWO THOUSAND FIVE HUNDRED PESOS. (P2,500.00) for members with at least 10 years of service and [Two Thousand Four Hundred Pesos (P2,400.00) FIVE THOUSAND PESOS (P,5000.00) for those with 20 years of service. | |
| PRINCIPAL AUTHOR/S : CUENCO, NANCY R. | |
| DATE FILED : 2000-05-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2000-06-05 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
Retirees in the private sector shall receive a maximum monthly pension of [One Thousand Two Hundred Pesos (P1,200.00) TWO THOUSAND FIVE HUNDRED PESOS. (P2,500.00) for members with at least 10 years of service and [Two Thousand Four Hundred Pesos (P2,400.00) FIVE THOUSAND PESOS (P,5000.00) for those with 20 years of service.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.