Providing For The Partial Payment Of Accrued Back Pensions And Death Gratuities Of Ex-Servicemen Of The Armed Forces Of The Philippines Or Their Surviving Kins, Pursuant To Republic Act No.
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Providing For The Partial Payment Of Accrued Back Pensions And Death Gratuities Of Ex-Servicemen Of The Armed Forces Of The Philippines Or Their Surviving Kins, Pursuant To Republic Act No.
Presidential Decree No. 357
December 30, 1973
Case Overview and Summary
Summary of Presidential Decree No. 357Background and Purpose:
- Republic Act No. 5859 amended Republic Act No. 610, increasing the death and disability benefits payable to surviving kins of officers and enlisted men whose death or disability was service-connected by 100%.
- However, due to inadequate finances, the government could not implement the law since its approval in 1969.
- As of the issuance of this decree, the amount due for back pensions and death gratuities of ex-servicemen of the Armed Forces of the Philippines and the Philippine Constabulary was P2,949,908.72.
Provisions:
- The interest or earnings from the $31 million Veterans Claims Settlement Fund paid by the United States Government and deposited with the Philippine Veterans Bank shall be used as partial payment for the back pensions and death gratuities.
- An amount of Two Million Pesos (P2,000,000.00) shall be drawn from the interest or earnings of the $31 million Trust Fund deposited with the Philippine Veterans Bank.
- The P2,000,000.00 shall be made available to pay partially the accrued back pensions and death gratuities of the ex-servicemen of the Armed Forces of the Philippines or their surviving kins pursuant to Republic Act No. 5859.
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Executive Issuances
Presidential Decrees
Presidential Decree
Republic Act No. 5859
Republic Act No. 610
death benefits
disability benefits
Armed Forces of the Philippines
Philippine Constabulary
ex-servicemen
back pensions
death gratuities
Veterans Claims Settlement Fund
Philippine Veterans Bank
Trust Fund
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Providing For The Partial Payment Of Accrued Back Pensions And Death Gratuities Of Ex-Servicemen Of The Armed Forces Of The Philippines Or Their Surviving Kins, Pursuant To Republic Act No.
Presidential Decree No. 357
•December 30, 1973
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 357 December 30, 1973
PROVIDING FOR THE PARTIAL PAYMENT OF ACCRUED BACK PENSIONS AND DEATH GRATUITIES OF EX-SERVICEMEN OF THE ARMED FORCES OF THE PHILIPPINES OR THEIR SURVIVING KINS, PURSUANT TO REPUBLIC ACT NO. 5859
WHEREAS, R.A. No. 5859 amending R.A. No. 610, has raised by one hundred (100%) per cent the death and disability benefits payable to the surviving kins of officers and enlisted men whose death was the proximate result of wounds or injuries sustained or whose disability, likewise service-connected, was due to any of those causes;
WHEREAS, R.A. No. 5859 merely authorized to be appropriated such amounts as may be needed to cover the increased death and disability benefits;
WHEREAS, since 1969 when R.A. No. 5859 was approved to the present, the inadequate finances of the National Government have made it impossible to implement said law;
WHEREAS, to date, there is due the amount of P2,949,908.72 as back pensions and death gratuities of ex-servicemen of the Armed Forces of the Philippines and the...
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