Professional Documents
Culture Documents
NR # 4278
secondary levels, as well as those in technical and vocational schools and state universities
and colleges.
It provides the existing salary of public school teachers shall be increased by
P15,000 per month, regardless of their employment status and position. This salary
increase shall be based on the qualifications, and on the merit selection and promotion of
teachers pursuant to existing Department of Education (DepEd) policies.
Moreover, teachers who have been hired for the first time under the minimum
salary grade as provided following the effectivity of the Act, shall be entitled to income
tax exemption for a period of one year.
A Pension Fund shall be created for teachers who will be separated from the service
due to retirement, sickness or other reasonable circumstance. Teachers who have been in
service for 15 years shall be entitled to payments under the pension fund, the amount of
which shall be determined by the DepEd.
Allowances, benefits, special incentives and such other increases in remuneration
resulting from merit promotions, grants by local government units (LGUs), and legislative
wage increases, shall be considered and treated as separate and distinct from the upgraded
salary provided for under the Act.
Nothing in the Act shall be construed as to reduce any existing allowances and
benefits of any form under valid legal orders, or to prejudice the granting of additional
allowances and benefits to public school teachers.
The DepEd and the Department of Budget and Management (DBM) shall
promulgate the necessary rules and regulations to implement this Act.
The necessary funds needed for the creation of the Pension Fund shall be sourced
from the Philippine Amusement and Gaming Corporation (PAGCOR). For the salary
increase, the amount shall be included in. the General Appropriations Act (GAA) for the
year following the approval of the Act. (30) rbb