Conversion of Fixed to Indexed GSIS Pensions

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PRESIDENTIAL DECREE NO. 712: Conversion of Fixed to Indexed GSIS Pensions

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Title Supreme Court: Conversion of Fixed to Indexed GSIS Pensions

Law: Presidential Decree No. 712

Decision Date: May 27, 1975

Presidential Decree No. 712 aims to address the issue of insufficient fixed monthly pensions for government pensioners by implementing periodic adjustments linked to the cost of living indices, converting fixed monthly pensions to indexed monthly pensions, and providing exemptions and powers to the Government Service Insurance System (GSIS) for effective administration.

amendments

insufficient fixed monthly pensions

government pensioners

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