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Manila Standard Today - Old Age Payment Urged

In The News
24 December 2012

By Macon Ramos-Araneta | Manila Standard Today

Featured-image-Manila-Standard-TodayThe lowest paid workers in government, the 700,000-strong barangay officials, deserve to get lump sum retirement pay if they meet certain requirements when they bow out of service, Senator Ferdinand “Bongbong” Marcos, Jr. said on Sunday.

Marcos, chairman of the committee on Local Government, proposed that barangay officials and personnel, including the tanods, health and day-care workers, and members of the Lupon ng Tagapamayapa, be provided lump sum retirement pay of equal to one year salary or amount not exceeding P100,000.

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

Marcos is the author of the Senate Bill 3187 that seeks to amend Section 393 of Republic Act 7160 or the Local Government Code of 1991. The bill has been reported to the plenary for first reading.

The lowest-paid barangay workers, the tanods, get about P5,000 a month. The elected barangay chairman receive a salary ranging from P15,000 to P18,000, depending on the size of the barangay.

Marcos, in his sponsorship speech, said barangay officials and personnel would be entitled to lump sum retirement pay when they are at least 60 years old and have served a minimum of nine years.

The bill recommends the creation of a Barangay Retirement Fund (BRF), which will be funded from investments of the one percent of the National Internal Revenue Allotment share of the local government units.

The BRF will be administered by the Department of Interior and Local Government, Marcos said.

He called on Congress to pass the measure as a recognition to the hard work and sacrifices and the risks that they face in dealing with all types of people as officials and workers in the basic unit of government.

Marcos said quick passage of the bill would be a form of recognition to retiring barangay officials for their invaluable service to their constituents.