September 19-20, 2013
by: SONIA D. BROTARLO-Director for Visayas
AGENDA:
1. CNA Incentive –
-On July 11, 2013, a meeting was held between LBPEA and HRMG, PAD, ERD where LBPEA raised the issue on CNA Incentive but initially Atty. Mon Cervantes opined that the conditions required in DBM Circular do not concur in the Bank’s situation since the actual operating expenses are less than the DBM-approved level of operating expenses in the Corporate Operating Budget as to generate sufficient source of funds for the payment of CNA Incentive.
-However despite the seemingly negative response to our request, LBPEA did not stop from pursuing a persistent demand for this benefit.
-Fortunately, the CNA Incentive was revitalized on August when our management gave LBPEA an instruction to issue a Supplemental CNA specifying the grant of CNA Incentive
-LBP Management then submitted on September 9, 2013 to CSC the Supplemental Agreement to the CNA for approval.
-This is what we are all waiting at this time- the approval of CSC of our Supplemental CNA.
-It was brought our during LBPEA meeting that the expected release of CNA is perhaps October and the expected amount is estimated to be at P9,600 per year so our request is for 2 years.
2. Request of LBPEA to finance outstanding Countryside Builders Multi-Purpose Cooperative
The PFO already approved the loan facility for take out of existing loans with Countryside Builders MPC at 7% per annum.
Requirements are as follows:
-application form duly accomplished by the borrower
-original latest billing/statement of account
-deed of undertaking
-pre-signed all purpose loan application
3. Zamboanga Calamity
-Financial assistance was given to the employees in Zamboanga area ranging from p5t to P10t each. A calamity loan facility for P100t at 2% interest per annum for 5 yrs was also opened by PFO for the affected employees.
-LBPEA will be proposing to the PF Board the waiver of the P4t net pay requirement for the employees affected who will not be qualified to avail by reason of insufficient mntp.
4. GCG PRESENTATION OF CPCS
KAMAGGFI was invited to Malacanang last September 9, 2013 for the presentation by GCG of the CPCS and LBPEA representatives were there in attendance.
The salient points during the presentation are as follows:
a. The GCG will provide parameters for the payplan consisting of the minimum, medium, and maximum pay.
b. The management of the GOCCs/GFIs are given the discretion to design the payplan suited to their respective agencies for as long as they are within the GCG standard. However, the good news for the employees is that the Employees Unions will give their conforme on the agencies payplan prior to submission with the GCG.
c. The existing pay grade system will be replaced with a new salary grade system and for LBP it will range from SG 1 to 21.
d. Implementation of salary rationalization is not within 2013 but on 2014.
e. According to the GCG, the GOCCs/GFIs will continue to enjoy the existing authorized benefits.
f. Modifications will be on the MIP-
-MIP 1 step increment (no change)
-MIP 2 our existing scheme will be replaced with the New PBB as requested by the KAMAGGFI. All employees will be entitled to receive and there will be no FORCED MARGINAL RANKING.
New PBB:
-150% of the basic salary- 10% of the population
-100% of the basic salary- 25% of the population
-50% of the basic salary- 65% of the population
(EXCEPT those with administrative cases and those with marginal rating based on performance)
-MIP 3 – the existing basis on computation of productivity wherein increment of the 2 annual income periods were taken to arrive at the base will be replaced with a new computation which is 10% of the Net Income.
5. Anniversary token for the contractuals
LBPEA request for anniversary token for the contractuals is still pending approval subject to COA guidelines.
6. Employees Profiling
-LBPEA created a taskforce to study the employees profile particularly those with no promotion since LBP entry, those who were not promoted for more than 5 years or 10 years since last promotion, and those in acting capacity for more than 10 years.
-LBPEA will recommend to the Sector Heads for the upgrading/promotion of the employees
-LBPEA was given approval by SVP Junet Climaco to closely coordinate with PAD on the records of the employees. Our CSS Head-SVP Climaco is very supportive of the project of LBPEA on Employees Profiling.
-LBPEA will be proposing for the lifting of the 3 position transfers prior to promotion/upgrading
7. On Merger
-As discussed during the meeting that with the merger on the offing, SIP is a possibility for those who are 50 years old and with 20years in the service. But nothing is definite yet on this regard. LBPEA is awaiting for the result of our pending request for SIP.
8. ACAPERA
-LBPEA considered CLOSED the issue on additional ACAPERA
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