People's Journal - Retirement pay for bgy execs pushed

23 December 2012

By Bernadette Tamayo | People's Journal

Featured-Image-Journal-OnlineSENATOR Ferdinand Marcos,Jr. has asked colleagues in the Upper Chamber to pass a law that will provide a lump sum retirement pay for the country’s estimated 700,000-strong barangay officials and workers.

Marcos, chairman of the Senate Committee on Local Government, made the call Wednesday in a sponsorship speech, reporting the findings of his panel on House Bill No. 6557, taking into consideration Senate Bill 3187, seeking the grant of such benefit to retiring barangay officials.

“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,” Marcos said.

He said Congress must pass the proposed measure as this would not only compensate the retiring barangay officials, but also acknowledge and recognize the invaluable public service they rendered to their constituents.

The senator wants to provide retirement benefits to any barangay official at least 60 years old and with a minimum of nine years in service at the time of retirement.

Marcos 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.

SBN 3187amends Sec. 393 of Republic Act 7160 or the Local Government Code of 1991to allow barangay officials to receive a retirement pay, equal to one-year pay, but not exceeding P100,000.