Section 2
SEC. 2. There is hereby created under the Department of the Interior a board to be known as the Board on Pensions for Veterans composed of five members, at least three of whom shall be former officers of the Philippine revolutions or wars, all to be appointed by the President of the Philippines with the consent of the Commission on Appointments of the National Assembly. The President of the Philippines shall designate the chairman of the Board and assign its office in the City of Manila or at any other place which he may deem convenient. It shall be the duty of the Board to determine the persons entitled to the pension under this Act, classify them by their rank/ in the last revolutions and wars and fix, with the approval of the Secretary of the Interior, the corresponding pension assigned to each rank: Provided, That the monthly pension which may be granted by the Board shall not be less than twenty pesos nor more than one hundred pesos.