QuestionsQuestions (EXECUTIVE ORDER NO. 14)
To grant an across-the-board 10% pension increase to all SSS and EC pensioners as of August 31, 1992, and to provide a supplemental pension of P300 per month to SSS permanent partial disability pensioners.
As of August 31, 1992.
All SSS and EC pensioners, and specifically the monthly pension of surviving SSS and EC pensioners as of August 31, 1992.
SSS permanent partial disability pensioners.
Because they are not entitled to the P300 supplemental pension that SSS permanent total disability pensioners receive under Executive Order No. 400, yet they incur similar additional expenses due to disability.
Three hundred pesos (P300) per month for regular medication and the acquisition of necessary aids and appliances.
No. It states that the 10% increase and the P300 supplemental benefit can be financed without impairing the viability of the funds nor necessitating an increase in the rates of contribution.
September 1, 1992.
That the 10% increase applies generally to all SSS and EC pensioners covered by the Executive Order, rather than only selected categories.
Increase in prices of practically all commodities, making it necessary and timely to further enhance pensions so they remain meaningful and responsive to the times.
They are intended only to replace part of lost income and do not consider additional expenditures that arise after the onset of disability.
That actuarial studies show the SSS and EC funds can finance these benefits as of August 31, 1992 without impairing viability or requiring higher contribution rates.
Executive Order No. 14 complements Executive Order No. 400 by extending the concept of a P300 monthly supplemental pension to SSS permanent partial disability pensioners who were not covered by the earlier benefit.
SSS permanent total disability pensioners.
A monthly supplemental pension of P300.
That the President is acting pursuant to delegated authority by law to issue executive orders for measures like social security and EC benefits.
Because Section 1 specifically mentions monthly pensions of surviving SSS and EC pensioners as of August 31, 1992, which may affect coverage details when applying the 10% increase to different pension types.