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REPUBLIC ACT NO. 3449


 


REPUBLIC ACT NO. 3449 - AN ACT TO AMEND Sec. ONE OF REPUBLIC ACT NUMBERED ONE THOUSAND ONE HUNDRED THIRTY-FOUR IN ORDER TO PROVIDE FOR THE PAYMENT OF BACK LONGEVITY PAY TO OFFICERS OF THE ARMED FORCES OF THE PHILIPPINES
 


Section 1.    Section one of Republic Act Numbered One thousand one hundred thirty-four is hereby amended to read as follows:  

"Section 1.    Hereafter each officer of the Armed Forces of the Philippines shall receive in addition to his monthly base pay longevity pay authorized for his grade for each five years of faithful and efficient service heretofore or hereafter rendered as an officer of the Armed Forces of the Philippines and of recognized guerrilla units, such additional pay to be compounded every five years: Provided, That the total amount of longevity pay shall not exceed fifty per centum of the officer's monthly base pay as prescribed by law: Provided, further, That payment of back longevity pay to officers of the Armed Forces of the Philippines for service rendered by them during the period from January first, nineteen hundred thirty-three to June fifteen, nineteen hundred forty-eight, be made from the savings acquired from the yearly appropriations of the Armed Forces of the Philippines."

Sec. 2.    This Act shall take effect upon its approval. 

Enacted, without Executive approval, June 18, 1961.

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