Republic Act No. 1804: An act to amend republic act numbered eleven hundred and sixty-one otherwise known as "the social security act of 1954", and for other purposes.

Republic Act No. 1804

An act to amend republic act numbered eleven hundred and sixty-one otherwise known as "the social security act of 1954", and for other purposes.

AN ACT TO AMEND REPUBLIC ACT NUMBERED ELEVEN HUNDRED AND SIXTY-ONE OTHERWISE KNOWN AS "THE SOCIAL SECURITY ACT OF 1954", AND FOR OTHER PURPOSES.

In plain language

Republic Act No. 1792 amends Republic Act No. 1161 (Social Security Act of 1954) by revising sections on policy declaration, creation and composition of the Social Security System, powers and duties of the commission, definitions of terms, and compulsory coverage of employees, as well as integrating private benefit plans.

Amendment of Sec. 2 to declare policy on social security system development.

Creation of the Social Security System with specified composition and appointment process.

Reconfiguration of Sec. 4 powers and duties, adding budget and accounting provisions.

Redefinition of compensation and other terms in Sec. 8.

Mandate compulsory coverage for employees aged 16-60 and integration of private benefit plans.

Social Security

Amendment

Labor

Philippines

REPUBLIC ACT No. 1804

An Act to Repeal Section Eleven-A of Act Numbered Twenty-Seven Hundred and Six, as Amended

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Section eleven-A of Act Numbered Twenty-seven hundred and six, as inserted by Republic Act Numbered Seventy-four and amended by Executive Order Numbered Three hundred and eighty, series of nineteen hundred and fifty, is repealed: Provided, That failure of any school, college or university to pay in full on or before the effectivity of this Act the assessment levied and accruing on the gross income from the tuition and other fees of students as provided for by Republic Act Numbered Seventy-four shall be sufficient cause for the revocation by the Secretary of Education, upon recommendation of the Director of Private Schools, of all permits and recognitions granted to the school, college or university.

Section 2

This Act shall take effect on June thirty, nineteen hundred and fifty-seven.

Approved: June 22, 1957.

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.