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People's Journal - Marcos upbeat on benefits for bgy execs, men

In The News
31 December 2012

By Bernadette E. Tamayo | People's Journal

Featured-Image-Journal-OnlineSENATOR Ferdinand Marcos, Jr. is optimistic that President Benigno Aquino will support his proposal to provide retirement benefits to barangay tanods, officials and workers.

Marcos, chairman of the Senate Committee on Local Government, believes that the President would welcome the opportunity to provide such benefit for barangay officials and workers.

He sees no reason for Malacañang to deny barangay officials and workers such benefit. He noted that barangay officials get the lowest pay compared to other government officials, considering the nature of their functions and the occupational hazards and risks attached to their work.

“I am confident that the President would rally his allies in Congress for the enactment of a law to provide retirement pay for barangay tanods, officials and workers who have devoted years of service to their constituents,” Marcos said.

“Your committee on local government recognized the basic premise that barangay officials are inadequately compensated by the government, and thus there is a need to fill that inadequacy,” he said.

The proposed measure provides a lump sump retirement pay for qualified barangay officials and workers equivalent to their one-year honorarium, but not exceeding P100,000. It mandates the Department of Interior and Local Government (DILG) to administer the fund.

Entitled to receive such benefits under the proposed legislation are barangay tanods, members of the Lupon ng Tagapamayapa, barangay health workers and elective barangay officials.

“The covered retiring barangay official should be at least 60 years of age, with a minimum of nine years in service at the time of retirement,” Marcos said.

As funding source for the benefit, Marcos recommends the creation of a Barangay Retirement Fund (BRF), which shall be established through yearly investment equivalent to one percent of the National Internal Revenue Allotment (IRA) share of the local government units.