Amendment to Sec. 13 of Act No. 3050
Act No. 3840, enacted on November 9, 1931, amends Section 13 of Act No. 3050 regarding pensions for public school teachers in the Philippines. It mandates that pensions be paid monthly without reductions for exchange or transmission fees. The Act stipulates that individuals receiving pensions who are reemployed by the government will have their pension payments suspended if their salary exceeds 50% of their pension amount. Furthermore, it establishes that the Director of Education will maintain records of the Teachers Pension and Disability Fund under the supervision of the Pension and Investment Board. The term "basic salary" is defined to exclude bonuses or other additional compensations.
Quick Answers
- What is Amendment to Sec. 13 of Act No. 3050 about?
- Act No. 3840, enacted on November 9, 1931, amends Section 13 of Act No. 3050 regarding pensions for public school teachers in the Philippines. It mandates that pensions be paid monthly without reductions for exchange or transmission fees. The Act stipulates that individuals receiving pensions who are reemployed by the government will have their pension payments suspended if their salary exceeds 50% of their pension amount. Furthermore, it establishes that the Director of Education will maintain records of the Teachers Pension and Disability Fund under the supervision of the Pension and Investment Board. The term "basic salary" is defined to exclude bonuses or other additional compensations.
- What type of law is Act No. 3840?
- Amendment to Sec. 13 of Act No. 3050 (Act No. 3840) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendment to Sec. 13 of Act No. 3050 enacted?
- Amendment to Sec. 13 of Act No. 3050 (Act No. 3840) was enacted on Nov 9, 1931.
- What is the citation for Amendment to Sec. 13 of Act No. 3050?
- Amendment to Sec. 13 of Act No. 3050, Act No. 3840, Nov 9, 1931 (Philippines)
Law Information
- Reference Number
- Act No. 3840
- Date Enacted
- Category
- Statutes
- Subcategory
- Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
November 9, 1931
ACT NO. 3840
AN ACT TO AMEND SECTION THIRTEEN OF ACT NUMBERED THREE THOUSAND AND FIFTY, ENTITLED "AN ACT TO PROVIDE ANNUAL PENSIONS FOR TEACHERS EMPLOYED IN THE PUBLIC SCHOOLS; TO APPROPRIATE MONEY AND REGULATE THE DISBURSEMENTS THEREOF," AS AMENDED
SECTION 1. Section thirteen of Act Numbered Three thousand and fifty, as amended by Act Numbered Thirty-seven hundred and sixty-nine, is hereby further amended to read as follows:
"SEC. 13. All pensions shall be paid monthly by Government warrant or other means which will guarantee safe delivery with no reduction in the pension for exchange or for transmitting the same. TAIEcS
"Persons receiving lifelong annual pensions from the Philippine Government shall have the amount of the same deducted from the pension they receive through the operation of this Act. Persons reemployed in the Government service and receiving salary, pay, or compensation for services rendered as an employee of any branch of the Government of these Islands, including municipalities and provinces in the Philippines shall have the pension discontinued for such periods of employment in each case where the pay, salary, or compensation is equal to, or greater than fifty per centum of the pension received under the provisions of this Act.
"All records of manipulations of the 'Teachers Pension and Disability Fund' and disbursements from the same and all accounts of payments made out of said fund, shall be kept and made by the Director of Education, under the supervision of the 'Pension and Investment Board.' SETaHC
"The term 'basic salary, pay, or compensation' whenever used in this Act, shall be so construed as to exclude from the operation of this Act the provisions of Act Numbered Twenty-five hundred and eighty-nine, all bonus, allowances, overtime pay, or other compensation given in addition to the basic pay or other compensation of the position as fixed by law or regulation."
SECTION 2. This Act shall take effect on its approval.
Approved, November 9, 1931.
Cite This Law
Amendment to Sec. 13 of Act No. 3050, Act No. 3840, Nov 9, 1931 (Philippines)
Amendment to Sec. 13 of Act No. 3050, Act No. 3840 (Phil. 1931)
Related Laws
- Amendment to Sec. 13 of Act No. 3050 (Teachers' Pension Law)Act No. 3769 • Nov 28, 1930 • Statutes
- Amendment to Sec. 7 of Act No. 3050Act No. 3773 • Nov 28, 1930 • Statutes
- Amendment to Sec. 13 of 1971 Constitutional Convention ActRepublic Act No. 6176 • May 27, 1971 • Statutes
- Amendment to Sec. 8 of Act No. 3050Act No. 3454 • Dec 3, 1928 • Statutes
- Amendment to Sec. 2 of Act No. 3050 (Teachers' Pension Law)Act No. 3629 • Dec 6, 1929 • Statutes
- Amendment to Sec. 12 of Act No. 3050 (Teachers' Pension Law)Act No. 3768 • Nov 28, 1930 • Statutes
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