Seventeenth Congress Third Regular Session Begun and held in Metro Manila, on Monday, the twenty-third day of July, two thousand eighteen.
REPUBLIC ACT No. 11164
An Act Increasing the Monthly Old-age Pension of Senior Veterans
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1
For purposes of this Act, Senior Veterans refer to the veterans of World War II, Korean and Vietnam wars.
Section 2. Increase in Old-Age Pension of Senior Veterans
The old-age pension of veterans of World War II, Korean and Vietnam wars shall be increased to Twenty-thousand pesos (P20,000.00) per month: Provided, That the veterans of Korean and Vietnam wars are not receiving pension from the Armed forces of the Philippines (AFP): Provided, further, that the entitlement to the increase in old-age pension shall be limited to the eligible living senior veterans and shall not be transferable to any family members and/or dependents of the senior veterans.
Section 3. Funding
In order to augment the amount needed to fund the increase in the old-age pension as provided in this Act, the amount necessary for the initial implementation shall be charges against the current year's available appropriation of the Philippine Veterans Affairs Office (PVAO), Thereafter, such sums as may be needed for the continued implementation of this Act shall be included in the annual General Appropriations Act: Provided, That the PVAO shall prioritize the distribution of the benefits granted under this Act from whatever available appropriation that will be included in the annual General Appropriations Act.
Section 4. Repealing Clause
All existing laws or parts thereof inconsistent with the provisions of this Act are hereby repealed or modified accordingly.
Section 5. Effectivity Clause
This Act shall take effect fifteen (15) days after its publication in the Official Gazetteor in at least two (2) national newspapers of general circulation.
Approved,
GLORIA MACAPAGAL-ARROYO Speaker of the House of Representatives
VICENTE C. SOTTO III President of the Senate
This Act was passed by the Senate of the Philippines as the Senate Bill No. 1766 on October 8, 2018 and adopted by the House of Representatives as an amended to House Bill No. 7525 on October 10, 2018.
DANTE ROBERTO P. MALING
Acting Secretary General House of Representatives
MYRA MARIE D. VILLARICA
Secretary of the Senate
Approved: December 20, 2018
RODRIGO ROA DUTERTE
President of the Philippines
For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.