More PHLPost employees to enjoy GSIS benefits
More employees of the Philippine Postal Corporation (PHLPost) nationwide will now enjoy their benefits as members of the Government Service Insurance System (GSIS) with the reinstatement of their Good Standing status.
Through a Memorandum od Agreement signed by GSIS President and General Managers Robert G. Vergara and PHLPost Postmaster General and CEO Josie M. Dela Cruz, around 8,000 PHLPost employees from Laoag, Vigan, Abra, La Union, Dagupan City, Tabuk, Tuguegarao, Ilagan, Lagawe, Bulacan, Pampanga, Bataan, Tarlac, Olongapo City, Nueva Ecija, Aurora, Baguio City, Bacolod, Bohol, Capiz, Cebu, Iloilo, Negros Oriental, Samar, Tacloban, Surigao and the rest of Eastern Mindanao area can now avail of their privileges as GSIS members, including loan application.
PMG Dela Cruz expressed her gratitude to GSIS for the effort they exerted in order to reinstate PHLPost’s good standing status.
“Our employees will definitely have a merry Christmas this year, I thank GSIS President Vergara for helping s accomplish this very important task. I also congratulate our PHLPost reconciliation team headed by our HR Manager Essie Cabigao. They are the ones who really did what a few other thought was impossible. A big burden has been lifted from our shoulders and now we can focus on their problems to be solved,” said
The reinstatement started on June 1, 2012, through a Memorandum of Agreement between PHLPost and GSIS, which covered employees in Cabarroguis, Butuan City, Maasin, Lucena and San Pablo City.
After six months f continuous reconciliation of membership contributions, GSIS has already covered the whole Luzon and Visayas and other parts of Mindanao.
PMG Dela Cruz hopes to see the full reinstatement of all employees by first quarter of 2013.
Records covered in the reconciliation are from July 1997 to December 2011, which included unremitted contributions of the previous PHLPost management. In 2010, pursuant to the revised GSIS Implementing Rules and Regulation, loan privileges of PHLPost employees were suspended due to the agency’s outstanding premium arrears, which provoked criticism from the PHLPost workforce.
When PMG Dela Cruz assumed office in July 2011, she immediately tasked the Human Resource Department and the Finance Department to conduct a reconciliation of service records with GSIS to reinstate PHLPost’s good standing status.
In 2011, President Aquino released a P644 million budget for PHLPost to support its effort to revive the corporation and settle its financial obligations including those from GSIS.