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REPUBLIC ACT NO. 3881 - AN ACT
PROVIDING FOR THE ADJUSTMENT OF PENSIONS OF PUBLIC SCHOOL TEACHERS AND
APPROPRIATING FUNDS THEREFOR
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Section
1. Any provision of law to the contrary
notwithstanding, any public school teacher who, under the provisions of
Act Numbered Three thousand fifty, as amended, and Commonwealth Act
Numbered One hundred eighty-seven, is entitled to a monthly pension of
not exceeding twenty pesos shall hereafter receive a monthly pension of
sixty pesos; if he is entitled to a monthly pension of more than twenty
pesos, such monthly pension shall be increased by forty
pesos.
Sec. 2. There is hereby appropriated annually, out of any funds in the National Treasury not otherwise appropriated, such amount as may be necessary to carry into effect the provisions of this Act. Sec. 3. This Act shall take effect upon its approval. Approved: June 18, 1964 |
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