Quantcast
Latest Stories

Urgent appeal to DBP for settlement of claims


This is an urgent appeal to the chair, board members and president of the Development Bank of the Philippines (DBP) to settle the claims for the Bank Equity Benefit Differential Pay or BEBDP (also referred to as cost of living allowance or Cola) and the Amelioration Allowance (AA) of the petitioner-retirees, in the case of Numeriano Ronquillo et al. vs. DBP, in compliance with the decision of the Court of Appeals in GR SP No. 118640.

On Dec. 19, 2012, the Court of Appeals ruled in favor of DBP retirees for the payment of fringe benefits, namely, the BEBDP and AA. All DBP employees received these benefits by virtue of a collective bargaining agreement between the DBP and the employees’ union way back in 1960; they continued to receive the same benefits until the passage of the Salary Standardization Law (SSL or RA 6758) in July 1, 1989, and its implementing circular, DBM Circular No. 10, which mandated the integration of certain allowances with the basic salary, such as the BEBDP and AA in the case of the DBP, among others. However, the Supreme Court on Aug. 12, 1998, ruled the SSL inoperative for lack of publication of DBM Circular No. 10.

The Supreme Court ruling prompted government employees to demand the payment and restoration of the Cola and AA; several government agencies complied with the ruling. However, DBP has continuously and consistently disregarded the decision issued by the Supreme Court.

To the complete dismay of former employees, the DBP in 2002 and 2003 paid out Cola and AA, disguised as a special economic assistance loan and a productivity incentive, to its incumbent employees, apparently with the intention to exclude retirees and those who had resigned from receiving their back allowances which were by law due them. In fact, the payments were made through the DBP Provident Fund of which former employees ceased to be members upon their retirement or resignation. DBP subsequently officially admitted that the special assistance loan and productivity incentive were in fact payments representing additional Cola and AA.

It is evident that while DBP has recognized the rights of the incumbent employees to the Cola and AA, it has continued to deny, refuse and reject the rightful claim of the retirees.

Several opinions by the Office of the Government Corporate Counsel and Supreme Court rulings have made it very clear that government employees, incumbents, as well as nonincumbents as of July 1, 1989, should receive backpay for the period July 1, 1989- March 16, 1999.

To the DBP management, please pay the retirees/resigned employees their long-denied benefits as most of them are already in their senior years and have no more source of income. Some retirees have already died without enjoying their hard-earned benefits. We, the retirees, ask nothing more but nothing less than what is rightfully due us under the law.

—NUMERIANO F. RONQUILLO,

broxku@yahoo.com


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Short URL: http://opinion.inquirer.net/?p=45527

Tags: DBP , letters to the editor , opinion



Copyright © 2013, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement

News

  • Drilon vs Cayetano in Senate
  • PNP to continue search for 400,000 illegal firearms even after polls
  • Lawyer suspended for serving as notary public in Isabela without authorization
  • Store loses P1-M ring
  • Cop faces raps for turning priest away
  • Sports

  • Aces pull off 3-game title sweep of Kings
  • Tenorio snares BPC award over Abueva
  • Cabrera Asian Karting Open junior champ
  • Calla second twice, paces Aboitiz tour
  • Divine Eagle tops TC first leg by a nose
  • Lifestyle

  • ‘Pioneers of Philippine Art’ exhibit draws from various collections
  • Poet Fidelito Cortes makes the everyday extraordinary
  • Dan Brown’s new literary conspiracy
  • A tornado called Ernest Mandap
  • Visage and reality in Raul Lebajo
  • Entertainment

  • The way of a clown: Vice Ganda sets tears aside
  • Kids make tough guy Vin Diesel a ‘softie’
  • Film on old age wins in Jeonju
  • Night and Day: Promenading near the Palais
  • Buboy on his 7th Power and family
  • Business

  • Elated stakeholders reelect stock exchange board
  • Save more, Filipinos urged
  • A riverine venture in Pangasinan
  • N. Luzon fiesta maker to market former US military property
  • PSE board gets new mandate
  • Technology

  • Free Inquirer tablets for lucky INQSnap readers
  • Hong Kong launches first electric taxis
  • DepEd website now up and normal
  • Report: Yahoo nearing $1.1B acquisition of Tumblr
  • ‘Sonic’ video games coming to Nintendo
  • Opinion

  • Editorial cartoon, May 20, 2013
  • Keep them safe
  • Game changer
  • Vote-buying in last polls raised inflation rate
  • Of discouraged foreign investors
  • Global Nation

  • Filipinos in Taiwan told: Limit activities
  • Santiago: Harassment of Filipinos in Taiwan may warrant MECO abolition
  • Boracay hotels, resorts hit by Taiwan tourist cancellations
  • ‘Patronage politics not an offshoot of PH culture, grew during US colonial period’
  • Philippines waiting for Taiwan anger to cool
  • Marketplace
    Advertisement
    © Copyright 1997-2013 INQUIRER.net | All Rights Reserved