Section 1
SECTION 1. Hereafter each officer of the Armed Forces of the Philippines shall receive in addition to his monthly base pay longevity pay equivalent to ten per centum of the monthly base pay authorized for his grade for each five years of faithful and efficient service heretofore or hereafter rendered as an officer of the Armed Forces of the Philippines and of recognized guerrilla units, such additional pay to be compounded every five years: Provided, That the total amount of longevity pay shall not exceed fifty per centum of the officer's monthly base pay as prescribed by law: Provided, further, That nothing in this section shall be construed as authorizing payment of any back longevity pay for any period of services heretofore rendered.