TUCP slams Aquino’s EO 203 that will give P500,000 monthly salary increase to SSS execs

  • The TUCP slammed the proposed P500,000 salary increase to be given to top SSS executives
  • The labor group said Pres. Aquino signed EO 203 that will give his wards and loyalists midnight perks at the expense of workers’ and employers’ blood money
  • The group urged incoming President Rodrigo Duterte to issue a cease and desist order against EO 203

The Trade Union Congress of the Philippines (TUCP), the biggest confederation of labor federations in the country, slammed the Executive Order (EO) signed by President Benigno Aquino III that would give unconscionable ‘’midnight perks and benefits” to top executives of Social Security System (SSS).

Manila Times reporter, William Depasupil noted that EO 203 was signed by President Benigno Aquino III and Executive Secretary Paquito Ochoa on March 22, 2016 “adopting a compensation and position classification system (CPCS) and a general index of occupational services and for the GOCC sector covered by Republic Act No. 10149, and for other purposes.”

The TUCP claimed SSS President and Chief Executive Officer Emilio de Quiros and Chairman Juan Santos were behind the proposed CPCS that would grant them and other SSS top executives excessive midnight perks of up to P800,000 a month, which includes a P500,000 raise in monthly salary and another P300,000 in the form of additional benefits and privileges.

The labor group said De Quiros and Santos are lobbying the SSS board to immediately approve the proposed CPCS before Davao City Mayor Rodrigo Duterte is sworn to office as Philippine President on June 30.

“In the light of very recent veto action of President Aquino to the proposed P2,000 pension increase for 2.4 million pensioners, we strongly oppose the plan to increase the salaries and benefits of SSS top executives including de Quiros and SSS chairman Juan Santos. As paying members and as representatives of the millions of SSS paying members, we demand that Mr. de Quiros and Mr. Santos be severed from SSS in order for the plan to be stopped,” the TUCP said.

As noted in an InterAksyon article, President Aquino vetoed the proposed SSS pension hike on January 14, 2016. His administration was also silent on the counter-proposed P1,000 or P500 pension increases, and in the SSS management rejection of the proposed Expanded Maternity Leave Bill for reason both proposals would affect the actuarial fund life of SSS.

The TUCP is urging incoming President Duterte to issue a cease and desist order against EO 203, which it claimed  as “obviously a ‘pabaon’ or ‘midnight perks’ for Aquino wards and loyalists at the expense of workers’ and employers’ blood money.”

 

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1 Comment

  1. Execs salary should be based on performance, tell them to take it or leave it, offer the same to next candidate.

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