AN ACT TO AMEND REPUBLIC ACT NUMBERED NINE HUNDRED AND TEN

Case Overview and Summary

Summary of Republic Act No. 4627

Retirement and Death Benefits for Justices and Judges
- Lump-sum payment upon death while in actual service (Sec. 2):
• Heirs shall receive a lump-sum equivalent to five years' salary based on the salary the Justice or Judge was receiving at the time of demise.
• Applicable if the Justice or Judge was already entitled to the benefits of this Act by reason of length of service in the government.

- Lump-sum payment upon retirement or incapacitation (Sec. 2):
• A Justice or Judge who retires upon reaching the age of 70 or due to illness, certified by the appropriate authority, shall receive a lump-sum equivalent to five years' salary based on the last annual salary.

- Annuity upon retirement (Sec. 3):
• Upon retirement, a Justice or Judge shall be entitled to a lump-sum payment of five years' salary based on the last annual salary.
• After the expiration of the five-year period, the Justice or Judge shall receive a further annuity payable monthly during the residue of their natural life, equivalent to the amount of the monthly salary they were receiving on the date of retirement.

- Appropriation (Sec. 2):
• Necessary funds to carry out the purposes of this Act shall be appropriated from the National Treasury.

- Effective Date (Sec. 3):
• This Act shall take effect upon its approval.