Bill Type
Long Title
AN ACT INCREASING THE PENSION OF TEACHERS RETIRED UNDER ACT NO. 3050 AS AMENDED BY PRESIDENTIAL DECREE NO. 1148, PROVIDING FUNDS THEREFOR AND FOR OTHER PURPOSES
Congress Author
Date filed
September 16, 2003
Scope

Legislative History

House Bill/Resolution NO. House Bill No. 6424, 12th Congress of the Republic
FULL TITLE : AN ACT INCREASING THE PENSION OF TEACHERS RETIRED UNDER ACT NO. 3050 AS AMENDED BY PRESIDENTIAL DECREE NO. 1148, PROVIDING FUNDS THEREFOR AND FOR OTHER PURPOSES
ABSTRACT : Because of the present economic conditions, the pension of teachers who have retired under R.A. 3050, as amended by P.D. 1148 and who have devoted their services in the education sector, is inadequate to defray basic family needs. Retired teachers who are totally dependent of their pension, mostly live below the subsistence level. The bill proposes that the pensions of teachers in the private and public schools be increased by an amount that would decently support them and their dependents.
PRINCIPAL AUTHOR/S : CASTELO-DAZA, NANETTE
DATE FILED : 2003-09-16
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Codilla (019 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BASIC EDUCATION AND CULTURE ON 2003-10-06
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

Because of the present economic conditions, the pension of teachers who have retired under R.A. 3050, as amended by P.D. 1148 and who have devoted their services in the education sector, is inadequate to defray basic family needs. Retired teachers who are totally dependent of their pension, mostly live below the subsistence level. The bill proposes that the pensions of teachers in the private and public schools be increased by an amount that would decently support them and their dependents.

Disclaimer

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