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PRESIDENTIAL DECREE NO. 1965
PRESIDENTIAL DECREE NO. 1965 -
AMENDING Section ONE OF PRESIDENTIAL DECREE NO. 352 PROVING FOR SPECIAL
GROUP TERM INSURANCE BY THE GOVERNMENT SERVICE INSURANCE SYSTEM OR
OTHER INSURANCE FIRMS FOR MEMBERS OF THE ARMED FORCES OF THE
PHILIPPINES AND APPROPRIATING ADDITIONAL FUNDS FOR THE PAYMENT OF THE
GOVERNMENT SHARES OF THE PREMIUMS THEREFOR
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WHEREAS,
the primary responsibility for the preservation of peace, order and
security of the country rests on the members of the Armed Forces of the
Philippines and the Integrated National Police who are increasingly
exposed to dangers to life and limb in their tasks of suppressing the
activities of insurgents and lawless elements;chanroblesvirtualawlibrary
WHEREAS, it is necessary to provide increased group insurance coverage
for members of the Armed Forces of the Philippines and the Integrated
National Police as a measure of financial amelioration for their
dependents and to maintain their efficiency while performing their
aforementioned tasks;chanroblesvirtualawlibrary
WHEREAS, the Special Group Term Insurance coverage for members of the
Armed Forces of P6,000.00 is very inadequate for the protection and
security of the members and their family in view of the present high
cost of living.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree:cralaw:red
Section 1. Section One of Presidential Decree No. 352
is hereby amended to read as follows:cralaw:red
"1. Subject to such terms and conditions as may be
mutually acceptable to the Government Service Insurance System or other
insurance firms and the Chief of Staff, Armed Forces of the
Philippines, including the rates of insurance premiums (fifty percent)
to be paid by each member of the Armed Forces of the Philippines and
the Integrated National Police and by the Government as its counterpart
premium contribution (remaining fifty percent), and approved by the
Minister of National Defense, each member of the Armed Forces of the
Philippines and the Integrated National Police in the active service
include cadets of the Philippine Military Academy and Philippiner Force
Flying School, Probationary Officers, trainees and draftees, shall be
insured under an annual Special Group Term Coverage program renewable
annually thereafter, for not exceeding P12,000.00 per said member, in
addition to such compulsory insurance for members of the Armed Forces
of the Philippines and the Integrated National Police by the Government
Service Insurance System as provided by existing law." chanroblesvirtualawlibrary
Section 2. This Decree shall take effect immediately.
DONE in the City of Manila this
11th day of January, in the year of Our Lord, nineteen hundred and
eighty-five.
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