EXECUTIVE ORDER NO. 729 September 1, 1981
INCREASE THE RETIREMENT PENSION OF OFFICERS AND ENLISTED PERSONNEL RETIRED OR SEPARATED PRIOR TO MAY 1, 1979 OR THEIR SURVIVING HEIRS
WHEREAS, General Order No. 11 dated September 20, 1972; Budget Circular No. 240 dated July 1, 1974; and Presidential Decree No. 854 dated December 22, 1975 at different periods increased the Base Pay of military personnel on active duty with the Armed Forces of the Philippines without increasing the pension rates of the military personnel retired or separated prior to July 1, 1981;
WHEREAS, P.D. No. 1065, increasing the pension rates of military personnel of the Armed Forces of the Philippines retired or separated prior to January 1, 1976, allowed only an amount equivalent of fifty percentum of the difference between the pension rate for each grade based on the base pay prescribed in Presidential Decree No. 845, and in General Order No. 11 including the increased based on Budget Circular No. 240;
WHEREAS, on September 10, 1979, the President approved Letter of Implementation No. 99, adopting a new salary schedule for the uniformed personnel of the Armed Forces of the Philippines and which was adjusted on March 1, 1981 by Executive Order 658 but which did not make provisions for increasing the beneficial of those who were retired or separated from the military service; and
WHEREAS, it is necessary to update the pension rates of AFP pensioners to enable them to meet the rising cost of living.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby order and direct:
1. The pension received by retired commissioned officers or enlisted personnel or their surviving heirs and beneficiaries on or before April 30, 1979 as determined under Republic Act No. 340, as amended shall be increased according to the following schedule:
|
Retiree |
Classifications |
Percentage Increase |
|
Group I |
covers retirees and/or beneficiaries of prior years up to September 30, 1972 with ranks from General to Private whose pension or retirement benefits were computed on the basis of salary rates provided under R.A. No. 6104. |
16% |
|
Group II |
covers retirees and/or their beneficiaries from October 1, 1972 to June 30, 1974 whose pension or retirement benefits were computed on the basis of salary rates under R.A. No. 6104 and General Order No. 11. |
11% |
|
Group III |
covers retirees and/or their beneficiaries from July 1, 1974 to December 31, 1975 whose pension or retirement benefits were computed on the basis of salary rates under B.C. No. 240. |
6% |
|
Group IV |
covers retirees and/or their beneficiaries from January 1, 1976 to April 30, 1979 whose pension or retirement benefits were computed on the basis of salary rates under P.D. No. 854. |
5% |
2. The funds necessary to implement the provisions of this Order during the current year shall be taken from the appropriations for pension benefits and gratuity of the Armed Forces of the Philippines provided for in Batas Pambansa Blg. 80 as well as from savings of the AFP.
3. The rules and regulations necessary to carry out this Order shall be formulated and issued by the Minister of National Defense in coordination with the Ministry of the Budget.
4. This Order shall take effect September 1, 1981.
Done in the City of Manila, this 10th day of September, in the year of Our Lord, nineteen hundred and eighty-one.
The Lawphil Project - Arellano Law Foundation
