H. No. 1270 / 55 OG No. 32, 6343 (August 10, 1959)
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. Republic Act Numbered Three hundred forty, otherwise known as the Armed Forces Retirement Act, s amended by inserting between sections ten and eleven thereof the following new section:
"SEC. 10-A. The benefits herein granted shall not be subject to attachment, levy, execution or any tax whatsoever."
SEC. 2. This Act shall take effect upon its approval.
Approved, June 19, 1959.