Amending P.D. No. 1049 (Re: Retirement Benefits of Commissioned Officers of BCGS)
Batas Pambansa Blg. 703, enacted on April 5, 1984, amends the retirement benefits for commissioned officers of the Bureau of Coast and Geodetic Survey, establishing specific monthly base pay rates effective from January 1, 1976. The pay scales range from P700 for an Ensign to P3,000 for a Rear Admiral, with provisions that these rates do not serve as a basis for additional incentives, except for longevity pay. Retirement gratuities or pensions are determined based on the current monthly base pay. Funding for the implementation of this Act will be sourced from the Coast Survey Officers' Retirement and Separation Benefits Fund and any available savings from the Bureau's allotments. The Act takes effect upon approval.
Law Information
- Reference Number
- Batas Pambansa Blg. 703
- Date Enacted
- Category
- Statutes
- Subcategory
- Mga Batas Pambansa
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
April 5, 1984
BATAS PAMBANSA BLG. 703
AN ACT TO AMEND PRESIDENTIAL DECREE NUMBERED TEN HUNDRED AND FORTY-NINE (RE: RETIREMENT BENEFITS OF COMMISSIONED OFFICERS OF THE BUREAU OF COAST AND GEODETIC SURVEY)
SECTION 1. The following rates of monthly base pay is hereby authorized and prescribed for commissioned officers of the Bureau of Coast and Geodetic Survey in each grade as indicated effective January 1, 1976: Provided, That the rates of pay hereunder prescribed shall not be the basis of incentive and additional pays of the commissioned officers of the Bureau of Coast and Geodetic Survey except in longevity pay: Provided, further, That the increase in longevity pay for the year 1976 shall be subject to the availability of funds and the approval of the Minister of National Defense:
| Base Pay | |
| Rear Admiral | P3,000.00 |
| Commodore | 2,500.00 |
| Captain | 2,000.00 |
| Commander | 1,700.00 |
| Lieutenant Commander | 1,400.00 |
| Lieutenant (Senior Grade) | 1,100.00 |
| Lieutenant (Junior Grade) | 900.00 |
| Ensign | 700.00 |
SECTION 2. The retirement gratuity or pension for commissioned officers of the Bureau of Coast and Geodetic Survey shall be based on the current monthly base pay authorized and prescribed for officers of the Bureau of Coast and Geodetic Survey.
SECTION 3. The funds necessary for the implementation of this Amendatory Act shall be charged against (may be taken from) the "Coast Survey Officers' Retirement and Separation Benefits Fund" provided in Section 16 of Republic Act No. 5976 to be augmented by savings from programmed allotments of the Bureau of Coast and Geodetic Survey." acd
SECTION 4. This Act shall take effect upon its approval.
Approved: April 5, 1984 cdt
Published in the Official Gazette, Vol. 80 No. 43 Page 5578 on October 22, 1984.
Cite This Law
Amending P.D. No. 1049 (Re: Retirement Benefits of Commissioned Officers of BCGS), Batas Pambansa Blg. 703, Apr 5, 1984 (Philippines)
Amending P.D. No. 1049 (Re: Retirement Benefits of Commissioned Officers of BCGS), Batas Pambansa Blg. 703 (Phil. 1984)
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