Early Retirement Program (ERP)

For: LBPEA NEB

Is there a possibility for LBP to offer an ERP on account of reorganization? Our existing SIP is applicable only for health reasons which is why colleagues who intend to avail of the program are confronted with problems on how to justify their eligibility especially if they are healthy.

I think the union may propel the idea of LBP offering an ERP for all para walang problema kung ang isang empleyado na walang karamdama ay gusto nang magretire ng maaga at para maiwasan ang pagsisinungaling para lang makaavail ng SIP. GSIS has done this last year and it may be done also at LBP. Maganda yung sa GSIS dahil yung sa kanila ay continuing.

You may read this link for the details: http://gcg.gov.ph/Memorandum%20Orders/GCG%20MO%20No.%202012-08%20-%20Approving%20the%20Reorganization%20of%20the%20Government%20Service%20Insurance%20System%20(GSIS).pdf

semaj501 wrote:

For: LBPEA NEB

Is there a possibility for LBP to offer an ERP on account of reorganization? Our existing SIP is applicable only for health reasons which is why colleagues who intend to avail of the program are confronted with problems on how to justify their eligibility especially if they are healthy.

I think the union may propel the idea of LBP offering an ERP for all para walang problema kung ang isang empleyado na walang karamdama ay gusto nang magretire ng maaga at para maiwasan ang pagsisinungaling para lang makaavail ng SIP. GSIS has done this last year and it may be done also at LBP. Maganda yung sa GSIS dahil yung sa kanila ay continuing.

You may read this link for the details: http://gcg.gov.ph/Memorandum%20Orders/GCG%20MO%20No.%202012-08%20-%20Approving%20the%20Reorganization%20of%20the%20Government%20Service%20Insurance%20System%20(GSIS).pdf

Thanks a lot honorable Atty Semaj501 for your query, suggestion and the GCG MC on GSIS GERP.
I faxed this post and the GCG MC to our LBPEA Pres. Allan Tecson for his comment/appropriate action.

sonia wrote:

semaj501 wrote:

For: LBPEA NEB

Is there a possibility for LBP to offer an ERP on account of reorganization? Our existing SIP is applicable only for health reasons which is why colleagues who intend to avail of the program are confronted with problems on how to justify their eligibility especially if they are healthy.

I think the union may propel the idea of LBP offering an ERP for all para walang problema kung ang isang empleyado na walang karamdama ay gusto nang magretire ng maaga at para maiwasan ang pagsisinungaling para lang makaavail ng SIP. GSIS has done this last year and it may be done also at LBP. Maganda yung sa GSIS dahil yung sa kanila ay continuing.

You may read this link for the details: http://gcg.gov.ph/Memorandum%20Orders/GCG%20MO%20No.%202012-08%20-%20Approving%20the%20Reorganization%20of%20the%20Government%20Service%20Insurance%20System%20(GSIS).pdf

Thanks a lot honorable Atty Semaj501 for your query, suggestion and the GCG MC on GSIS GERP.
I faxed this post and the GCG MC to our LBPEA Pres. Allan Tecson for his comment/appropriate action.

For Atty Semaj501:
A pleasant day to the brilliant lawyer from Northern Luzon.
LBPEA Pres. Allan texted me that we will include your suggestion in the agenda of our NEB Meeting.
Agyamanak Unay!

Hope that the proposed action will yield positive results... good idea semaj501

NAPAKA GANDANG BALITA NYAN . . . . . SALAMAT . . .SALAMAT. . . .

MERON AKONG KASAMA DITO AT AKO NA PUMAPAYAG MAG AVAIL NG ERP KAHIT

EXEMPTION LANG NG TAXES ANG MAKUHA . . . . MALAKI LAKI NA RIN YONG

HINDI MABAWAS . . . ABOUT 20 TO 30 % OF THE PROCEEDS. . .

SANA MA WORK OUT ITO. . . .

SALAMAT. . .

go go go go go go go go go go

Quote :

Biz Buzz: DBP ins and outs
By the staff
Philippine Daily Inquirer
2:21 am | Wednesday, October 3rd, 2012

One of the biggest challenges Gil Buenaventura will face when he reemerges from a short-lived retirement on October 22 to become the new president of Development Bank of the Philippines is to fill up a shrinking plantilla.
About 200 officers and staff members have taken advantage of the bank’s early retirement program offered until 2012. Some may have been tagged in or disheartened by the political issues that have hounded the bank in the last two years, but for others, it may be as simple as availing of a golden parachute.

Hindi lang pala GSIS ang nakakuha ng ERIP, pati rin pala DBP. Bakit sa Landbank, wala tayo magawa? Ms Sonia, any update on the proposal earlier mentioned? May magagawa ba kayo as our union officers?

semaj501 wrote:

Quote :

Biz Buzz: DBP ins and outs
By the staff
Philippine Daily Inquirer
2:21 am | Wednesday, October 3rd, 2012

One of the biggest challenges Gil Buenaventura will face when he reemerges from a short-lived retirement on October 22 to become the new president of Development Bank of the Philippines is to fill up a shrinking plantilla.
About 200 officers and staff members have taken advantage of the bank’s early retirement program offered until 2012. Some may have been tagged in or disheartened by the political issues that have hounded the bank in the last two years, but for others, it may be as simple as availing of a golden parachute.

Hindi lang pala GSIS ang nakakuha ng ERIP, pati rin pala DBP. Bakit sa Landbank, wala tayo magawa? Ms Sonia, any update on the proposal earlier mentioned? May magagawa ba kayo as our union officers?

DBP's early retirement program was finely crafted in their charter unlike in the case of LandBank which was not.

There were several attempts wherein LBPEA raised this Early Retirement Program or SIP with the management even during the CNA. But then the management's stand was that it cannot be part of the negotiation as it is an economic issue. In other instances, the justification espoused by the management in rejecting our request was that our existing SIP for health reason might be adversely affected if a request for a change in our existing program would be sought.

However with the recent emerging trend in the GCG arena wherein GSIS was granted approval for its Early Retirement Program opens the door of possibility for other GOCCs/GFIs like us to be granted with the same privilege.

This proposal for an Early Retirement Program to be requested from the management and GCG was already calendared for our meeting on February 21-22.

Thank you so much Atty. James for invaluably sharing your legal expertise beneficial for uplifting the welfare and cause of the employees. Mabuhay ka!

Quote :

DBP's early retirement program was finely crafted in their charter unlike in the case of LandBank which was not.

What is the basis in saying this?

In addition, prevailing rules indicate that terms and conditions of employment or improvements thereof, except those that are fixed by law, may be the subject of negotiation. Do you consider the Bank's SIP as one falling under the negotiable items? Or put differently, is this internal rule on SIP "fixed by law" hence not subject to negotiations? Please clarify us more on this. Thank you

Simple lang po ang tanong, bakit ang DBP at GSIS ay nagawang makapagpaaaprove ng early retirement program samantalang ang LBP ay wala. Di naman ata convincing ang reason na dahil po ito ang SIP ay economic in nature kaya ito ay non-negotiable. Sabihin na nating economic benefit nga ang SIP, bakit ang DBP ay naaprubahan ito. Paano nila ginawa? Di ba ang DBP at LBP ay parehong GFI na may sariling charter?

May point si Blitz, ang pagkakaalam ko, pag sinabi nating fixed by law, may batas na sumasaklaw sa isang bagay. Ibig sabihin, yun ay legislated ng kongreso. Yung SIP ng Landbank ay apprubado lang ata ng Board, isa lang itong rule at hindi batas. Hindi sya masabi na "fixed by law". Kaya negotiable sya. Tama ba ang reasoning Ms. Sonia?

BLITZ wrote:

Quote :

DBP's early retirement program was finely crafted in their charter unlike in the case of LandBank which was not.

What is the basis in saying this?

In addition, prevailing rules indicate that terms and conditions of employment or improvements thereof, except those that are fixed by law, may be the subject of negotiation. Do you consider the Bank's SIP as one falling under the negotiable items? Or put differently, is this internal rule on SIP "fixed by law" hence not subject to negotiations? Please clarify us more on this. Thank you

Under Sec. 34 E.O. No. 81 the charter or the law which created the DBP, a provision on separation benefit plan which included supplementary retirement plan is provided with particularity or specificity in the said charter. Please go over it Atty Blitz to quench your insatiable mind.

There is no similar provision under the LandBank Charter and precisely this vital provision on the Charter is what made DBP different from LandBank.

CSC Rules on Collective Negotiation provides that only non-economic benefits could be subject to negotiation. Retirement benefit as it involves millions of money being taken out from the coffers of the government could never be a subject of an agreement between a labor union and a government agency.

I dont want to research further on SIP how it was crafted by the bank as it is already moot and academic thus my effort would be inutile and futile. As we are all aware of the power of GCG over our benefits which even granted the ERP of GSIS. The only and the best way for the ERP or SIP to prosper is through the GCG and not through CNA.

Thank you Atty Blitz!

Ms Sonia, try to read further the provision that you have posted. It states that “any supplementary retirement plan adopted by the Bank after the effectivity of this Chapter shall require the prior approval of the Minister of Finance”, meaning that DBP’s power is not absolute on matters involving retirement because it is subject to approval by the Dept. of Finance. By way of analogy, this likewise applies to LBP because its BODs may recommend retirement packages subject to the approval of the President. It is therefore not correct to say that researching further on how SIP was crafted is moot and academic because on the contrary, if you only know the legal basis on how SIP was put into life, you will better equip yourself in arguing issues related to it. It is not moot because SIP is still existing. What I think was mooted is the provision on DBP Charter on retirement because of the emergence of the GOCC Act. All GOCCs, regardless of the provisions their respective charters on economic benefits, now requires the nod of the GCG and President on these matter.

My point is, if other institutions similarly situated with LBP were able to approve their ERIP, why can’t LBP do it? Simple as that. Now, if we insist in saying that those are non-negotiable, what therefore are left for LBPEA to negotiate? NOTHING… because practically all are being provided by law - and if there are left to be negotiated, these are minute items!

simple lang naman yan Atty. Blitz make a formal proposal tapos ipa endorse mo kay maam sonia eh di sigurado makakarating sa management ang point of arguments mo pag dito niyo pinagtalunan yan si Uragon lang makakabasa niyan di niya rin maintindihan yan batas batas na yan....

Di kailangan ang formal na proposal manggaling sa akin msangola, ang dapat gumalaw dyan ay mga union officers. Naaayon na na hingin ang ERIP ngayon kasi justified yan kahit may GCG at iba pang sinasabing rason... ongoing pa rin kasi ang REORGANIZATION sa Landbank. Kung may request na dati, baka kailangan nang ifollow-up! Pero kung sa tingin nila kailangan nila ng assistance, welcome po sa atin na tumulong...

kailangan formal proposal mula sa mga magagaling na tulad mo Atty. di naman lahat sa officer eh magagaling eh dapat malaman ng management ang mga sinasabi mo tatangapin naman siguro nila yan kung talagang may basehan...pag dito lang sa website walang pupuntahan yan si Uragon di niya maintindihan yan eh..

This issue on SIP is already on the agenda of the National Executive Board this February 21. We do not need to debate so much on this issue because there are a lot of concerns especially on the deprivation of our benefits and others which we need to focus on. Nahihirapan na po ang mga empleyado ito muna ang pagtuunan natin ng pansin. Maraming salamat po!

sonia wrote:

This issue on SIP is already on the agenda of the National Executive Board this February 21. We do not need to debate so much on this issue because there are a lot of concerns especially on the deprivation of our benefits and others which we need to focus on. Nahihirapan na po ang mga empleyado ito muna ang pagtuunan natin ng pansin. Maraming salamat po!

TOMOOOOO!!!

You're ABSOLUTELY right Mam Sonia!!! sana after your meeting merun resolution kaagad doon sa hindi natin narereceive early this year and baka din hindi natin marereceive yun what's due to us in the next months to come...Goodluck po..

semaj501 wrote:

For: LBPEA NEB

Is there a possibility for LBP to offer an ERP on account of reorganization? Our existing SIP is applicable only for health reasons which is why colleagues who intend to avail of the program are confronted with problems on how to justify their eligibility especially if they are healthy.

I think the union may propel the idea of LBP offering an ERP for all para walang problema kung ang isang empleyado na walang karamdama ay gusto nang magretire ng maaga at para maiwasan ang pagsisinungaling para lang makaavail ng SIP. GSIS has done this last year and it may be done also at LBP. Maganda yung sa GSIS dahil yung sa kanila ay continuing.

You may read this link for the details: http://gcg.gov.ph/Memorandum%20Orders/GCG%20MO%20No.%202012-08%20-%20Approving%20the%20Reorganization%20of%20the%20Government%20Service%20Insurance%20System%20(GSIS).pdf

ANY UPDATE PO ? ? ? THANKS ! ! !

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