PD 1146 Section 28

Funds.

Section 28

SEC. 28. Funds. —The funds administered by the System shall consist of old-age, disability, survivorship, health insurance state insurance, life insurance, and general insurance funds. The reserves and/or networth of said funds shall be used to finance the benefits administered by the System. For purposes of effective administration of said benefits, any amount in excess of the required reserves in any fund, as determined by the Actuary of the System, may be subject to interfund borrowing at an imputed interest to be determined by the Board.

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Other provisions in PD 1146

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 1146 Section 28 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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