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Be it enacted  by  the National Assembly of  the Philippines:

SECTION 1.. Sections one,  two,  four,  and five of Act Numbered four thousand one hundred and eighty-three are amended to read as fellows;

"SECTION 1. In order to grant a gratuity to provincial, municipal and city officers  and employees Who resign or are separated from the  service by reason of a reorganization thereof,  the provincial boards, municipal aid city boards or councils may, with  the approval of  the Secretary of the Interior, retire  their officers and employees, granting them,  in  consideration  of satisfactory service rendered a gratuity  equivalent  to  one month's salary  for each year or fraction  of a year of service, but not to exceed twenty-four months in any case, on  the basis of the salary they  receive at the time of leaving die  service,  to be paid monthly at the rate of  thirty-three and one-third per centum of the monthly salary."  

"SEC.  2. With the approval of the Secretary of  the Interior, such officer or  employee may, in conformity with regulations to be approved by  the Secretary of finance, sell, transfer, or assign his right to the gratuity payments to any in vestment fond under the control of  the National Government, or to any bank duly  authorized to do business in the Philippines."

"SEC.  4.  If a provincial, municipal or  city officer or employee retired under the  provisions of this Act is entitled to the benefits of any other law or any special pension fund created by  authority of law,  he shall have the right to choose one  of the several  benefits but in no case shall the payment of  gratuity  under more than one Act be authorized."

"SEC. 5.  In case  the position of the retired officer or employee cannot  be abolished or left vacant without detriment to the service,  it may  be  filled, with the approval of the Secretary of  the Interior and of the provincial  board, municipal or city board or council  concerned  first had: Provided, That  the  salary  of  the  successor  shall not be greater  than  two-thirds of  the  salary of the vacant position."

SEC. 2. This Act  shall take effect upon its  approval.

Approved,  June 7,  1941