Section 1. Any provision of existing law, executive order, rule or regulation to the contrary notwithstanding, the adjustments of the old annual rates of salaries to the corresponding steps in the new salary range of the following officials and employees of the Office of the Insurance Commissioner as indicated hereunder are hereby authorized:
Position
Old Salary Ranges FROM
New Salary Ranges
Range
Minimum
Maximum
Range
Minimum
Maximum
Insurance Commissioner
65
₱14,532
₱17,724
68
₱16,860
₱20,580
Assistant Insurance Commissioner
60
11,328
13,824
63
13,152
16,044
Actuarial Consultant
55
8,832
10,776
58
10,260
12,516
Junior Actuarial Researcher
34
3,108
3,792
37
3,612
4,404
Chief Insurance Examiner
51
7,236
8,832
54
8,400
10,260
Assistant Chief Insurance Examiner
49
6,552
7,992
52
7,608
9,288
Supervising Insurance Examiner
47
5,928
7,992
50
6,888
8,400
Senior Insurance Examiner
45
5,276
6,552
48
6,240
7,608
Insurance Examiner II
43
4,860
5,928
46
5,640
6,888
Position
Old Salary Ranges FROM
New Salary Ranges
Range
Minimum
Maximum
Range
Minimum
Maximum
Insurance Examiner I
38
3,792
4,632
41
4,404
5,376
Insurance Examiner Aide
33
2,952
3,612
36
3,432
4,188
Examination Rating Supervisor
47
5,928
7,236
50
6,888
8,400
Chief Actuarial and Rating Examiner
51
7,236
8,832
54
8,400
10,260
Assistant Chief Actuarial and Rating Examiner
49
6,552
7,992
52
7,608
9,288
Supervising Actuarial and Rating Examiner
47
5,928
7,236
50
6,888
8,400
Senior Actuarial and Rating Examiner
45
5,276
6,552
48
6,240
7,608
Actuarial and Rating Examiner II
43
4,860
5,928
46
5,640
6,888
Actuarial and Rating Examiner I
38
3,792
4,632
41
4,404
5,376