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Batas Pambansa Bilang 644
AN
ACT FURTHER AMENDING SECTION TWO OF REPUBLIC ACT NUMBERED EIGHTEEN
HUNDRED
AND SIXTY-TWO, AS AMENDED.
chan
robles
virtual law library
BATAS
PAMBANSA BILANG 644AN
ACT FURTHER AMENDING SECTION TWO OF REPUBLIC ACT NUMBERED EIGHTEEN
HUNDRED
AND SIXTY-TWO, AS AMENDED.chan
robles
virtual law library
chanrobles virtual law librarySection
1. Section two of Republic
Act Numbered Eighteen hundred and sixty-two, as amended, is further
amended
to read as follows:
"Sec.
2. Person who were retired
and paid gratuity under said Republic Act Numbered Three hundred forty
and/or Republic Act Numbered Sixteen hundred sixteen as amended, with
the
effective date of retirement after June twenty-two, nineteen hundred
fifty-seven
but before September ten, nineteen hundred seventy-nine, and who come
within
the purview of clauses (a) and (b) of the preceding section may, at
their
option, elect to receive, in lieu of such gratuity paid to them, the
annual
retirement pay as provided in Section two of Republic Act Numbered
Three
Hundred forty, as amended; and upon making such election, said persons
shall, subject to the provisions and limitations hereinafter provided,
be entitled to receive the annual retirement pay as provided in Section
two of Republic Act Numbered Three hundred forty, as amended. The
option
herein granted may be exercised within five years from the date of the
approval of this later amendatory Act by the widows and/or minor
children
of the said retirees who could not exercise the said option by reason
of
death. Nothing in this section shall be construed as authorizing
payment
of retirement pay which have accrued prior to the approval of this
later
amendatory Act." chanrobles virtual law library
Sec.
2. Any provision of law
to the contrary notwithstanding, the amount necessary to implement the
provisions of this Act for the current calendar year shall be charged
against
the savings in the programmed appropriations for the current operating
expenditures of the Headquarters, Armed Forces of the Philippines net
of
reserve. Thereafter, the necessary amount for the same purpose shall be
included in the annual General Appropriations Act.chanrobles virtual law library
Sec.
3. This Act shall take
effect upon its approval. chanrobles virtual law library
Approved:
January 5, 1984
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