House passes gov’t entrepreneurship bill on 3rd reading
THE House of Representatives has passed on third and final reading House Bill 3861 that aims to develop the entrepreneurship skills of government employees to prepare them for a fruitful life during retirement.
To be known as the Government Employees’ Entrepreneurship Development Act of 2011, the bill states that the State has the duty to enhance the human and intellectual capital of the government and provide a healthy and productive life for government employees after retiring from public service.
Rep. Jane Castro (1st District, Capiz), principal author of the bill said the measure will provide post-service assistance to retirees.
Castro said the bill mandates that all government offices and agencies prepare a post-service Entrepreneurship Development Program (EDP) for their employees, based on Civil Service Commission-prescribed guidelines.
Castro said the EDP shall design ways to help employees learn what they need to know to develop ideas and actualize them into successful businesses, and increase entrepreneurial opportunities in their municipalities, provinces and regions.
Under the bill, the EDP shall also introduce employees to technology transfer systems, entrepreneurial educational programs and entrepreneurial networks.
Castro said under the bill, the government shall promote and help establish cooperatives with assistance from the Cooperative Development Authority (CDA) and of savings and loan associations by recognizing, protecting and upholding the rights of employees to organize cooperatives and savings and loan associations in their respective offices to generate financial resources and the development of employees’ entrepreneurial skills.
“Cooperatives and SLAs shall be encouraged to retain the membership of employees even after retirement from public service,” Castro said.
Castro said government employees’ cooperatives shall be given preferential rights to operate revenue-generating activities in available government-owned sites and facilities.
Under the bill, the agency concerned shall link up with existing government financial institutions (GFIs) to provide financing for the employees’ entrepreneurial projects.
“GFI experts shall conduct lectures, workshops and live case studies of successful entrepreneurs. Participants shall be taught to identify and evaluate opportunities for ventures and to understand how the capital investment process works,” Castro said.
The bill mandates the creation of the Coordinating Council on Government Employees’ Entrepreneurship Development Program which shall be headed by the Civil Service Commission (CSC) Chairperson and composed of heads of the offices of the DTI, DBM, COA, GSIS, CDA, TESDA, TLRC, Bureau of Small and Medium Enterprise Development and
four representatives from the National Government, LGUs, government-owned and controlled corporations, and SUCs.
Likewise, the government agencies concerned shall extend post-service assistance to their respective retirees and include this as part of their human resources development plan.
“The program shall cover the entire gamut of the venture creation process from idea generation to building viable businesses, with emphasis on the nurturing roles of GFIs and highlighting successful entrepreneurs as models,” Castro said.