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AN ACT GRANTING LIFE PENSION AND FRANKING PRIVILEGE TO FORMER PRESIDENTS OF THE PHILIPPINES.
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AN ACT GRANTING LIFE PENSION AND FRANKING PRIVILEGE TO FORMER PRESIDENTS OF THE PHILIPPINES.
Republic Act No. 5059
June 17, 1967
Case Overview and Summary
Summary of Republic Act No. 5059Life Pension and Franking Privilege for Former Presidents of the Philippines
- Every former President of the Philippines is entitled to a life pension, tax-free, of 40,000 pesos annually, subject to the following conditions: (Section 1)
- The President was not removed by impeachment.
- The President has not been elected to any national office or accepted any position of trust or responsibility in the national government to which the law attaches any salary or remuneration.
- The pension starts from the month following the date the President ceased to be President or from the month following the approval of this Act, whichever is later.
- All mail matters of the former President, addressed for delivery within the Philippines, shall be received, transmitted, and delivered in the mails of the Philippines free of postage, subject to the following conditions: (Section 2)
- The envelope or wrapper of such mail matter bears the name of the former President on the left-hand corner.
- This privilege shall cease the moment the former President announces candidacy for any national office.
- Any person who violates this provision shall be punished by a fine of not more than 500 pesos.
- Funds necessary to carry out the purposes of this Act shall be appropriated annually from the National Treasury. (Section 3)
- This Act took effect upon its approval on June 17, 1967. (Section 4)
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Republic Acts
former presidents
life pension
tax-free
40,000 pesos
franking privilege
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salary
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AN ACT GRANTING LIFE PENSION AND FRANKING PRIVILEGE TO FORMER PRESIDENTS OF THE PHILIPPINES.
Republic Act No. 5059
•June 17, 1967
REPUBLIC ACT No. 5059
AN ACT GRANTING LIFE PENSION AND FRANKING PRIVILEGE TO FORMER PRESIDENTS OF THE PHILIPPINES.
Section 1. Every former President of the Philippines shall be entitled to a life pension, tax-free, of forty thousand pesos annually beginning with the month following the date he ceased to be President of the Philippines or from the month following the approval of this Act, whichever is the later date: Provided, That said President was not removed by impeachment: Provided, further, That he has not been elected to any national office or accepted any position of trust or responsibility in the national government to which the law attaches any salary or remuneration.
Section 2. All mail matters of such President, addressed for delivery within the Philippines, shall be received, transmitted and delivered in the mails of the Philippines free of postage if the envelope or wrapper of such mail matter bears on the left hand corner the name of said President: Provided, That his privilege shall cease the moment he announces his candidacy for any national...
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Amends
n/a
Amended by
n/a
Tags
Statutes
Republic Acts
former presidents
life pension
tax-free
40,000 pesos
franking privilege
free postage
mail matters
national office
position of trust
salary
remuneration
impeachment
candidacy
fine
appropriation
National Treasury
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