BASIS FOR STEP INCREMENT: LAST TRANCHE OF IPP SALARY INC MATRIX

It has been two (2) years and six (6) months that this website was closed. Many were disappointed with the closure but we have to keep up with the fast changing technology - facebook and twitter, among others.

With the remaining one month and a half of my stint as Director for Visayas, I have been ruminative as to the manner of my “consummatum est” in LBPEA. Thus here I am re-opening the website pro hac vice for my grand exit.

This is the medium where you first knew me and this is where I want to personally reach out to you to express my deepest and heartfelt “THANK YOU” for all the years that you trusted me.

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Admin Number of posts : 1428 Registration date : 2008-12-16

Info from Sec. Gen Weng Leones:

LBPEA held its meeting with the Unit Representatives at Head Office on January 11, 2012.

The agenda taken were as follows:
1. HMO Loan - is P75T maximum at 2% to be deducted from other benefits and not for the monthly net pay

2. The last tranche of Salary Increase Matrix will be used as basis for the MIP 1 Step Increment this January 15. This is part of the IPP approved by Pres. Noy last June 2011. This means that those who are in the "untog" status will be receiving increase in salary as the new matrix will be used as basis.

Number of posts : 415 Age : 51 Registration date : 2010-08-04

THIS EXPLAINS EVERYTHING!!!! MABALOS NA DAKULA MADAM TINKERBELL!!!!! cheers

Number of posts : 280 Registration date : 2010-09-15

Please elaborate further Ms Sonia. Does this mean that the salary increase on year 4 will be effective January of 2012 and not the step increment only? By how much?

We will appreciate if you could now provide the much awaited data on this subject. Many thanks!

Admin Number of posts : 1428 Registration date : 2008-12-16

semaj501:

The information was relayed to me last night by the LBPEA Sec. Gen Weng Leones on the agenda of the UR Meeting at the head office.

Our management made as basis for the step increment the 4th tranche IPP matrix. This is supposed to be implemented yet on July 2012 however considering the fact that a lot of employees have reached the maximum salary per PG thus the move is a proper remedy for the existing untog scenario.

Does this mean that the salary increase on year 4 will be effective January 2012? Since the last matrix is being used as basis, I presumed this is already an implementation of the year 4 salary increase. I say I presumed because I was not there during the meeting thus I cannot categorically say yes it is with all certainty as I still need to validate it.

By how much? Atty we only have to wait until tomorrow for the crediting.
Although I believe batman requested for a copy of the matrix from Atty. Mon Cervantes. I personally dont have it if only I am in Manila I could readily do things as requested but you know fully well my constraint that I am in the Visayas particularly in Kalibo even presently celebrating the Ati-Atihan Festival. You are all invited to come to Kalibo then visit Boracay hehe!

Thank you for your query and your apparent concern for the welfare of the ranks- Atty Semaj!

Number of posts : 280 Registration date : 2010-09-15

Thanks for the prompt reply.It would be better appreciated if the exact data will be made available to us. For example, if indeed tranch 4 will be adopted, how will it be computed? Will the annual step increment implemented ahead of tranch 4 salary increase or vice versa? As I see it, it is more favorable if the step increase comes first. But as I have earlier pointed out, this matter will be better addressed if we have the matrix as a concrete basis.

Number of posts : 2 Registration date : 2012-01-12

can we have the MATRIX please. thanx

Number of posts : 280 Registration date : 2010-09-15

Calling the attention of MATRIX! Asan ka na... he he he

Number of posts : 85 Registration date : 2011-06-07

DVD o blueray copy...?????????????? joke!!!!!

Number of posts : 119 Registration date : 2009-12-21

pirated or hindi?

Number of posts : 52 Age : 61 Registration date : 2011-05-16

paki miss call un matrix jan heheheh

Number of posts : 252 Age : 39 Registration date : 2010-03-19

baka dumating yung mga man in black nyan pag i miss call natin...

Number of posts : 159 Age : 54 Registration date : 2009-01-22

Sana na ipa implement muna yong MIP1, then yong last tranche ng PP4 matrix, ng sa gayon it would have big impact on our basic salary. I believe there is no conflict of the 2 increases, because MIP1 is institutionalized and classified as merit increase, while PP4 is a constitutional mandate increase of salaries to all government agencies and GOCCs the so called SS3 which effective implementation way back in 2009.

Number of posts : 45 Registration date : 2011-01-11

YES, DAPAT IMPLEMENT MUNA ANG MIP1 TAPOS ANG PP4. DAHIL PARANG LUGI TAYO. BAKA GUSTO NILANG IMPLEMENT KAAGAD ANG PP4 PARA ISANG BAYAD NA LANG SA ATIN INSTEAD NA SA JULY 2012 PA.

Number of posts : 415 Age : 51 Registration date : 2010-08-04

halerrrr???? paki-explain po at parang wala namang step-increment na pumasok sa payroll natin...many are wondering how much daw po ba talaga ang step increment natin, is it the MIP1 lang ba or yung sa PP4 na??? confused

Number of posts : 181 Registration date : 2011-06-29

Calling the administrators of this blog. Ano na nangyari sa matrix at increase na sinasabi na iimplement ngayong January?

Number of posts : 85 Registration date : 2011-06-07

good observation. naisahan na naman tau ng mgt. mas ok un MIP1 implemnt muna, then SSL3. LUGI na naman ang RnF...............

Number of posts : 159 Age : 54 Registration date : 2009-01-22

kung babasahin mo ang lbpea report, it so clear naman na mip1 ang ipapa implement this january 15, 2012. matrix lang ng 4th tranche ng pp4 ang ginagamit para masulusyunan nga yong untog issues. and not the pp4 4th tranche salary adjustment. nagbabago lang kasi ang ating pang uunawa, because of threads and speculations on the issues.. 2nd, i dont think so the mgt has that kind of risk to implement the pp4 as early as january. kung titingnan mo ang batas ng 4th tranche implementation of SSL3, july pa ang effectivity. mgt is known to its prudently when it comes on this matter. they dont have the balls, to go against the law.. peace.. just enjoy the MIP1 increase guys.

Number of posts : 72 Registration date : 2010-09-15

mga kapatid, hwag na muna tau mabahala. antayin na lang natin ang payslip para malaman natin kung ano naimplement. madali na lang icompute kung andyan na ung basic salary natis as of jan 2011.

Number of posts : 78 Registration date : 2011-03-03

I strongly agree specialist...kc nga <5% lng ang salary increase natin.....MIP1 lng tlg ang naibigay ngayon at yung pp4 4th tranche implementation ay sa July2012 pa....

Number of posts : 16 Age : 55 Registration date : 2011-02-16

good morning.... please furnish us copy of the matrix.....

Number of posts : 181 Registration date : 2011-06-29

Wala na talaga si MATRIX...

Number of posts : 105 Registration date : 2010-10-26

Baka TRICKS lang yun hindi MATRIX............

Number of posts : 119 Registration date : 2009-12-21

deads nga yung bida sa MATRIX na si keanu reeves e' ^_^ hihihihihi

Number of posts : 85 Registration date : 2011-06-07

reload daw c matrixxxxxxxxxx

Number of posts : 119 Registration date : 2009-12-21

MATRIX reloaded na tawag dyan hihihihihi Very Happy

Number of posts : 23 Registration date : 2011-07-14

ganito and triX. add 5% to your december basic, then yun na ang increase. ANG DALI, DI NA KAILNGAN ANG MATRIS AY MATRIX PALA. SMILE

Number of posts : 24 Registration date : 2011-06-11

bakit kasi di nila ibinigay ang equivalent ng 25 at 10 percent para parehas maski lampasan pa yung lihim nilang matrix para parehas, nagbigay cla meryenda (IPP) na hanggang ngayun wala pa ata pinal na payplan eh yung iba binigyang ng meryenda sandwich at softdrinks yung iba sandwich lang eh parehas lang namang nagtratrabaho.
dapt sana iti ang asikasuhin para fair is fair ika nga , , di bahu ehe di pu ba?

Number of posts : 82 Registration date : 2011-07-14

bakit kaya hanggang ngayon ay wala pa yung matrix, di ba kayo nakakahalata?

Number of posts : 48 Age : 64 Registration date : 2012-01-05

SALAMAT SA INCREASE. . . GOD BLESS! KAUNTI PERO OK LANG MASKI GAMAY!

Number of posts : 28 Registration date : 2011-05-07

Tama ka coffeelight, dapat tayo magpasalamat dahil if compared to other govt agencies we far are better off when it comes to benefits.

Number of posts : 48 Age : 64 Registration date : 2012-01-05

Salamat. . . . AQUARIUSMART130, kakampi kita, sabi nang ibang agencies. . . BUTI PA KAYO LANDBANKERS. . . . (inggit. . .)
Sana next week, malalaman na natin ang ibang pang matatangap. . . .
Kakatuwa. . . . halos araw araw . . .makulit ang mga kasamahan ko . . .
Pre, ANO GOODNEWS? ? ? ? Sabi Ko . . WALA HEARING PRE, TAHIMIK!!!!!

Number of posts : 102 Registration date : 2011-02-21

Coffee Light says "SALAMAT SA INCREASE. . . GOD BLESS! KAUNTI PERO OK LANG MASKI GAMAY!"

Tama ka Coffee Light....bisan gamay at least mayroon at dapat pasalamatan...aang iban bisan gamay, waay....

Number of posts : 17 Registration date : 2011-12-06

palosapis aprub ako sa imo bisan gamay may ara kag salamat gid sa landbank...ang iban bisan gamay waay...korek kaayo Very Happy

Number of posts : 2 Registration date : 2011-06-22

ANO PO BENIFITS FOR 10 YEARS...

Number of posts : 544 Age : 46 Registration date : 2010-10-28

laissah:

as posted by atty. james

"Culled from our employee Handbook, 6.2.2 on Entitlements of Length of Service Award is:

LENGTH OF SERVICE AWARD
10th year Gawad Punla Plaque of Appreciation and Cross Ballpoint Pen w/ LBP logo
15th year Gawad Punla Plaque of Appreciation and 14K Gold Ring
20th year Gawad Punla Plaque of Appreciation and Gold Watch
25th year Gawad Punla Plaque of Appreciation and special token or any item/s of the awardee’s choice, the cost of which must not exceed P25,000
30th year Gawad Punla Plaque of Appreciation special token or any item/s of the awardee’s choice, the cost of which must not exceed P30,000

With the foregoing, it is apparent that for 25th and 30th year length of service, there is a limit set as to the cost of the token to be given which is equivalent to the number of years of service multiplied by P1,000.00. This is not the case for 10th, 15th, and 20th years because no amount is expressly indicated as limits.

But because there is no limit indicated on 10th, 15th, and 20th year of service on the amount of the token that will be given will not necessarily mean that management may give a token of limitless value. By analogy, it is my belief that even though it is not written, the limit follows that which is applied to the 25th and 30th year, i.e., P25,000 for 25th year, P30,000 for 30th year. Hence, P20,000 for 20th year. This must be the reason of the COA disallowance in the previous years because the value of token for 20th year service is said to be more than P25,000 which is clearly higher than what is supposed."

Number of posts : 59 Registration date : 2011-02-20

BATMAN LONG TIME NO HEAR...

Number of posts : 46 Age : 40 Registration date : 2011-02-18

whew!!!!!

wala pang sagot ang lbpea neb kung nakapadala ba sila ng clarification letter sa dbm regarding sa aca/pera..sabi ni sir batman before, bago ang neb meeting iyon ang isa sa mga agenda, 10 days na ang nakalipas, wala pa rin...ano na kaya ang nangyari?..

Number of posts : 10 Registration date : 2010-09-08

batman,

pede ba tyo mag carloan ng mga surplus, starex van to be specific, ano po mga requirements, terms & etc..

Number of posts : 10 Registration date : 2010-09-08

salamat po.

Admin Number of posts : 1428 Registration date : 2008-12-16

for radge:

We actually informed Atty. Mon Cervantes during our meeting last January 20 on the possibility of LBPEA making a clarificatory letter to DBM with regards to the circular on ACA/PERA. However, this matter was not resolved during the LBPEA Meeting especially as far as the preparation of the letter is concerned.

Aside from LBPEA, the MMOAI has pending request also for the release of the ACAPERA.

Admin Number of posts : 1428 Registration date : 2008-12-16

We intend to take up this clarification with DBM on the ACAPERA Circular in our meeting this February but if there are others who want to go ahead with LBPEA feel free to do so.

Number of posts : 145 Registration date : 2011-03-25

What is the update on our request for release of MIP3?

Admin Number of posts : 1428 Registration date : 2008-12-16

mark wrote:: batman,

pede ba tyo mag carloan ng mga surplus, starex van to be specific, ano po mga requirements, terms & etc..

Vehicle Loan
All full time Bank employees who have rendered at least five (5) years of continuous service at the time of filing

Interest 7% p.a.

- P1.2 M for brand new car/AUV payable in 10 yrs

- P700,000 for second hand car
Depends on the motor vehicle model, date of acquisition, and estimated remaining useful life (ERUL)

- P100,000 for motorcycle (with helmet) payable in 5 yrs

Please call PFO 02-5512200 local 2004 to request for the required documents.

Admin Number of posts : 1428 Registration date : 2008-12-16

emma_auro@yahoo.com wrote:: What is the update on our request for release of MIP3?

Our management has not yet given us reply on the matter but we will inform you as soon as we have it

Number of posts : 8 Registration date : 2012-01-26

Maitanong lang po. magkano ba equity natin sa car loan brandnew? Do anybody have estimates on how much is our monthly amort for every thousand of loan?

Admin Number of posts : 1428 Registration date : 2008-12-16

For rado2009:

There is no equity requirement for car loan as long as you have a net pay of P4K after deducting the monthly amortization. For P100,000.00 loan, your monthly amortization is P1,161.08 for 10 yrs at 7% interest per annum.

Number of posts : 102 Registration date : 2011-02-21

Sabi ni Mam Sonia "There is no equity requirement for car loan as long as you have a net
pay of P4K after deducting the monthly amortization. For P100,000.00
loan, your monthly amortization is P1,161.08 for 10 yrs at 7% interest
per annum."

Mam Sonia, parang me equity ata, duon ka magbayad sa PFO...Hindi ako segurado pero parang 5% of amount....

Admin Number of posts : 1428 Registration date : 2008-12-16

I stand corrected...tama po si Sir Palosapis at salamat po Sir newly availed ka nga pala ng car loan. May 5% equity nga pala ang car loan kasi 95% lang ang babayaran ng PFO sa cost ng car aside from the equity may comprehensive insurance at MRI pa na cash out ang borrower. This information was given by Mam Feena of the PFO.

» MIP 1 STEP INCREMENT THIS 1ST QCN 2012
» STEP INCREMENT & RATA(RETRO)
» Salary increase
» UPDATE ON SALARY INCREMENT
» SALARY DIFFERENTIAL ALREADY CREDITED

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