Senate Bill No. 1645 14TH MONTH PAY LAW sure na ba ito? o wala pang formal announcement? Senate Bill 1645 AN ACT REQUIRING EMPLOYERS TO PAY 14th MONTH PAY Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: SECTION 1. Short Title. - This Act shall be known as the 14th Month Law Pay. SECTION 2. Declaration of Policy. - The State affirms labor as a primary social economic force. It shall protect the rights of workers and promote their welfare. SECTION 3. Coverage. - This act shall cover all government and non-government rank and file employees regardless of their employment status, designation and irrespective of the method by which their wages are paid provided that they have worked at least one month during the calendar year. SECTION 4. Definition of Terms. - As used in this Act: a. Rank and File Employees - are those not considered as managerial employees. They are not vested with powers or prerogatives to lay down and execute management policies and/or hire, transfer, suspend, lay-off, recall, discharge, assign or discipline employees or to effectively recommend such managerial actions. b. Basic Salary - for the purpose of computing the 14th month pay shall include all remunerations or earning paid by this employer for services rendered but does not include allowances and monetary benefits which are not considered or integrated as part of the regular or basic salary. SECTION 5. Mandatory Payment of 14th month pay. - All government and non-government rank and file employees shall be entitled to 14th month pay every year. SECTION 6. Time of Payment. - The 13th month pay shall be paid not later than June 14th and the 14th month pay shall be paid not later than December 24th of every year provided however that the frequency of payment of this monetary benefits may be the subject of agreement between employer and employee or any recognized/collective bargaining agent of employees. SECTION 7. Minimum Amount. - The minimum amount of the 14th month pay shall not be less than 1/12 of the total basic salary earned by the employee within the calendar year. SECTION 8. Implementing Rules. - Within sixty days from the enactment of this law, the Secretary of the Department of Labor and Employment (DOLE) shall promulgate the implementing rules of this law. SECTION 9. Separability Clause. - If any provision of this Act is declared invalid or unconstitutional, other provisions hereof which are not affected thereby shall continue to be in full force and effect. SECTION 10. Repealing Clause. - Any law, presidential decree or issuance, executive order, letter of instruction, administrative order, rule or regulation contrary to or inconsistent with any provision of this Act is hereby amended or modified accordingly. SECTION 11. Effectivity Clause. - This Act shall take effect fifteen (15) days following its publication in the Official Gazette or in at least two (2) newspaper of general circulation
Posted on: Tue, 19 Aug 2014 03:44:24 +0000
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