AN ACT RATIONALIZING THE DISABILITY PENSION OF VETERANS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 6948, ENTITLED, "AN ACT STANDARDIZING AND UPGRADING THE BENEFITS FOR MILITARY VETERANS AND THEIR DEPENDENTS", AS AMENDED

[ REPUBLIC ACT NO. 11958, August 24, 2023 ]

AN ACT RATIONALIZING THE DISABILITY PENSION OF VETERANS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 6948, ENTITLED, "AN ACT STANDARDIZING AND UPGRADING THE BENEFITS FOR MILITARY VETERANS AND THEIR DEPENDENTS", AS AMENDED

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

Section 1. Section 5 of Republic Act No. 6948, as amended, is hereby further amended to read as follows:

Section 2. Appropriations. - The initial amount necessary for the implementation of this Act shall be charged against the Pension and Gratuity Fund. Thereafter, such sums as may be needed for the continued implementation of this Act shall be included in the annual General Appropriations Act.

Section 3. Separability Clause. - If any provision or part thereof is held invalid or unconstitutional, the remainder of the law or the provision or part not otherwise affected shall remain valid and subsisting.

Section 4. Repealing Clause. - Any law, presidential decree or issuance, executive order, letter of instruction, administrative order, rule, or regulation contrary to or inconsistent with the provisions of this Act is hereby repealed, modified, or amended accordingly.

Section 5. Effectivity. - This Act shall take effect fifteen (15) days following its complete publication in the Official Gazette or in a newspaper of general circulation.

Approved:

This Act, which is a consolidation of Senate Bill No. 1480 and House Bill No. 7939, was passed by the Senate of the Philippines and the House of Representatives on May 31, 2023.

Approved: 24 AUG 2023

(SGD.) FERDINAND ROMUALDEZ MARCOS JR.
President of the Philippines

"Section 5. Pension Rates. - A veteran who is disabled owing to sickness, disease, wounds or injuries sustained in line of duty shall be given a monthly disability pension in accordance with the rates prescribed hereunder:

children: Provided, That a veteran, upon reaching the age of seventy (70) and not receiving disability pension under this Act, is deemed disabled and shall be entitled to a monthly pension of One thousand seven hundred pesos (P1,700.00) only: Provided, further, That the entitlement to the disability pension authorized herein shall be prospective and limited to eligible living veterans only."