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.



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 © 2014, .
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


  • Afghan hospital guard kills 3 American doctors
  • Obama rejects notion that trade deal is in danger
  • [VIDEO] No assurances on Janet Lim-Napoles’ bid to become state witness
  • South Sudan president fires long-time army leader
  • Grenade explodes outside MPD Station 1
  • Sports

  • Pacquiao can dodge tax issues
  • F1 boss Bernie Ecclestone rejects bribery charges
  • Big Chill freezes Cafe France to arrest skid
  • Pacquiao has to go through PBA Rookie draft
  • Guiao summoned by PBA for name-calling incident
  • Lifestyle

  • Gongs and southern dances star in a workshop at San Francisco Bayanihan Center
  • This woman ate what?
  • Photos explore dynamics of youths’ sexual identity
  • 12th Philippine Food Expo set at the World Trade Center
  • No tourist draw, Malang the croc will remain wild
  • Entertainment

  • Smithsonian wants photos, videos for ‘Day in the Life of Asian Pacific Americans’
  • What Garcia Marquez left behind
  • Has Ai Ai fallen deeply with ‘sireno?’
  • Sony developing live-action Barbie comedy
  • California court won’t review Jackson doctor case
  • Business

  • Metro Pacific acquires stake in Victorias
  • How ‘one percent’ economic elite was uncovered
  • Facebook profits triple as mobile soars
  • Insular Honors Sales Performers at Testimonial Rites
  • Apple increases stock buyback, will split stock
  • Technology

  • Enrile in Masters of the Universe, Lord of the Rings?
  • Top Traits of Digital Marketers
  • No truth to viral no-visa ‘chronicles’
  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • Obama to visit Filipino soldiers in Fort Bonifacio
  • Fil-Am youth conferences unite under one theme
  • Embassy advisory: Filipinos still need visas to enter US
  • No travel restriction to Mideast, DFA clarifies
  • PH-HK relations repaired, but families of victims still being courted
  • Marketplace