Retirement benefits for Supreme Court justices

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Commonwealth Act No. 536: Retirement benefits for Supreme Court justices

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Title Source: Supreme Court: Retirement benefits for Supreme Court justices

Law: Commonwealth Act No. 536

Decision Date: May 26, 1940

Commonwealth Act No. 536 allows for the retirement of justices of the Supreme Court in the Philippines, providing a retirement gratuity and allowing for the possibility of continued service in the government, with certain conditions and restrictions.

Law Summary

Death Benefit Provisions

If a retired justice dies within two years of retirement, their heirs are entitled to receive the difference between the total two-year pension amount and what has already been paid.

Option Between Retirement Benefits and Previous Acts

Retiring justices eligible under previous retirement gratuity laws may choose between the benefits provided therein or under this Act.
They can only receive benefits from one chosen scheme.
Justices retired under prior laws who are later reappointed to the Supreme Court can avail of benefits under this Act.
Any previously received gratuity must be fully refunded, with monthly deductions from current benefits, before receiving new benefits.

Appropriations and Funding

Necessary funds to implement this Act are appropriated from the National Treasury funds not otherwise allocated.
No appropriation entry shall be made until the current year’s required sum is determined by the Auditor.

Effectivity of the Act

The Act takes effect immediately upon approval.

END