Bill Type
Congress Name
Long Title
AN ACT INCREASING THE BENEFITS OF RETIRED GOVERNMENT EMPLOYEES, AMENDING FOR THE PURPOSE COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED
Date filed
July 27, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB01750 |
| FULL TITLE : AN ACT INCREASING THE BENEFITS OF RETIRED GOVERNMENT EMPLOYEES, AMENDING FOR THE PURPOSE COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED |
| ABSTRACT : The bill seeks to grant government employees who intend to retire under RA 660 or PD 1146 a 6-year annual lump sum instead of the usual 5-year annuity. The proposed monthly annuity shall be based on the highest monthly salary received prior to retirement instead of basing it on the average monthly salary received during the last 3 years of service. |
| PRINCIPAL AUTHOR/S : PICHAY, PROSPERO JR. A. |
| DATE FILED : 2004-07-27 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Espino (068 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON CIVIL SERVICE AND PROFESSIONAL REGULATION ON 2004-08-04 |
Abstract
The bill seeks to grant government employees who intend to retire under RA 660 or PD 1146 a 6-year annual lump sum instead of the usual 5-year annuity. The proposed monthly annuity shall be based on the highest monthly salary received prior to retirement instead of basing it on the average monthly salary received during the last 3 years of service.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.