Rep. Henry Oaminal is seeking retirement benefits for elected barangay officials based on years of service. While the Local Government Code devolved powers to barangays, it did not provide retirement benefits. Oaminal argues it is reasonable to grant retirement benefits to officials when they no longer receive honorarium. Pending bill HB 4262 seeks to amend the code to provide lump sum retirement benefits equivalent to 1 month's honorarium for every year of first term, 1.5 months for second term, and 2 months for third term. The funds would come from the barangay, city/municipality, and province internal revenue shares.
Original Description:
Solon seeks granting of retirement benefits to elected barangay officials
Original Title
oct24.2014 bSolon seeks granting of retirement benefits to elected barangay officials
Rep. Henry Oaminal is seeking retirement benefits for elected barangay officials based on years of service. While the Local Government Code devolved powers to barangays, it did not provide retirement benefits. Oaminal argues it is reasonable to grant retirement benefits to officials when they no longer receive honorarium. Pending bill HB 4262 seeks to amend the code to provide lump sum retirement benefits equivalent to 1 month's honorarium for every year of first term, 1.5 months for second term, and 2 months for third term. The funds would come from the barangay, city/municipality, and province internal revenue shares.
Rep. Henry Oaminal is seeking retirement benefits for elected barangay officials based on years of service. While the Local Government Code devolved powers to barangays, it did not provide retirement benefits. Oaminal argues it is reasonable to grant retirement benefits to officials when they no longer receive honorarium. Pending bill HB 4262 seeks to amend the code to provide lump sum retirement benefits equivalent to 1 month's honorarium for every year of first term, 1.5 months for second term, and 2 months for third term. The funds would come from the barangay, city/municipality, and province internal revenue shares.
Solon seeks granting of retirement benefits to elected barangay officials
A House member is seeking the granting of retirement benefits to elected barangay
officials based on the number of years they have rendered service. Rep. Henry S. Oaminal (2 nd District !isamis Occidental" said #hile Republic Act $%&' other#ise kno#n as the ()ocal *overnment +ode of %,,%- devolved gargantuan po#ers and functions to local government units ()*.s" including barangays the la# has not provided retirement benefits to barangay officials after rendering years of service. (/t is supposed to be e0pected that having a#esome responsibilities come benefits and privileges to barangay officials #ho are e0plicitly mandated to perform basic services to the people. /t is 1uite unfortunate ho#ever that this landmark legislation does not provide retirement benefit to them after rendering years of service- said Oaminal. Oaminal a vice chairman of the House +ommittee on !indanao Affairs said +ongress has been generous and considerate to senior citi2ens for all the services they have rendered in #hatever capacity during their prime. (/t #ill therefore be reasonable enough if #e grant retirement benefits to our barangay officials at a time #hen they #ill no longer receive honorarium from the government- he said. House 3ill 4'2& no# pending at the +ommittee on )ocal *overnment chaired by Rep. 5edro 3. Acharon 6r. (% st District South +otabato and *eneral Santos +ity" seeks the amendment of Section 7,7 (b" of RA $%&' pertaining to benefits of barangay officials. 8he proposed amendment provides that elective barangay officials be entitled to lump sum retirement benefit on the basis of the number of years of service to the barangay as follo#s9 :irst term e1uivalent to one month honorarium for every year of service; Second consecutive term e1uivalent to one and a half month for every year of service; and 8hird consecutive term e1uivalent to t#o months for every year of service. 8he bill further provides that the amount needed to implement the retirement benefits shall be charged against the /nternal Revenue Allotment (/RA" shares of )*.s to #hich the barangay belongs in the follo#ing manner9 7' percent from the barangay; 4'< from the municipality or city; and 2' percent from the province. (7'" rbb NR # 3629B OCT. 24, 2014