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PD 24 Section 13-A

PD 24 Section 13-A

Section 13-A

SEC. 13-A. Section twenty-five of the same Act is further amended to read as follows: "SEC. 25. Deposit and Disbursements.- All moneys paid to or collected by the SSS every year under this Act, and all accruals thereto shall be deposited, administered and disbursed in the same manner and under the same conditions and requirements as provided by law for other public special funds: Provided, That of the total yearly collection of contributions and gross income from investments, not more than twelve per cent during the fiscal year 1966-67, said percentage limit to be decreased by one-half per cent each succeeding fiscal year, but not less than seven per cent, shall be disbursed for salaries and wages, purchases of office equipment and materials, operational expenses and the establishment of regional offices of the SSS: Provided, further, That if the expenses of the SSS in any year are less than the maximum amount permissible, the difference shall not be availed of as additional expenses of the SSS in the following years: Provided, finally, That the implementation of the decentralization of operations shall be given priority and the SSS shall submit to Congress an annual progress report on the development of this program."

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Other provisions in PD 24

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 24 Section 13-A (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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