AN
ACT APPROPRIATING THE SUM OF TWENTY-SEVEN BILLION PESOS
(27,000,000,000.00)
TO FUND THE FOURTH-YEAR IMPLEMENTATION OF THE SALARY INCREASES
AUTHORIZED
BY JOINT RESOLUTION NO. 1, SERIES OF 1994, AND FOR OTHER PURPOSES.
Section
1. Appropriation for National
Government Agencies. — The amount of Twenty-seven Billion Pesos
(27,000,000,000.00),
or so much thereof as may be necessary, is hereby appropriated to cover
the funding requirements for the fourth and final year of
implementation
of the salary increases authorized by Joint Resolution No. 1, Series of
1994, for all national government personnel, including the uniformed
personnel
of the Department of National Defense and the Department of the
Interior
and Local Government, according to the following schedule:
(1) Effectivity
January 1, 1997 — Payment of fifty percent (50%) of the unimplemented
balance
as of December 31, 1996 of the basic pay corresponding to the Salary
Grade
concerned;
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(2) Effective
November 1, 1997 — Payment of the remaining fifty percent (50%) of said
unimplemented balance to effect full salary adjustment.
Sec.
2. Funding for Other Personnel.
— For government-owned and controlled corporations, the amount needed
to
implement the aforesaid salary adjustment for their personnel shall
come
from their respective corporate funds. For local government units, the
amount needed for the purpose shall be charged to their respective
local
funds.
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Sec.3. Basis
of Retirement Benefits. — Government personnel who will
compulsorily
retire prior to November 1, 1997 shall be entitled to retirement
benefits
based on the full rate of implementation under Section 1(2) hereof.
Sec.
4. Prohibition. — The
salary adjustment funded herein shall not benefit the President, the
Vice-President
and the Members of Congress.chan
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Sec.
5. Implementing Guidelines.
— The Department of Budget and Management shall issue the necessary
guidelines
for the implementation of the salary adjustment herein authorized.chan
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Sec.
6. Effectivity. — This
Act shall take effect on January 1, 1997.chan
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Approved:
December 30, 1996.
