OFFICE MEMORANDUM
OM-O S E C-2 0 2 0-006
REMINDER TO REFRAIN FROM USING ATM PAYROLL CARDS AS COLLATERAL FOR LOANS OR ENGAGING IN THE ATM SANGLA SCHEME
To: Undersecretaries
Assistant Secretaries
Bureau and Service Directors
Regional Directors
Schools Division Superintendents
Public Elementary and Secondary School Heads
All Others Concerned
1. Pursuant to Section 4 (aa) of the Republic Act No. 11469, otherwise known as the Bayanihan to Heal as One Act, and the Implementing Rules and Regulations issued by the Department of Finance effective April 2, 2020, several entities and institutions, both public and private, including the Government Service Insurance System (GSIS) and Pag-IBIG Fund, have issued their respective guidelines for the implementation of the mandatory grace period or the suspension of payment for loans.
2. The GSIS and the Pag-IBIG Fund even granted an expanded relief for a three-month moratorium on loan payments and an extension of the loan terms of their individual borrowers. The DepEd Provident Fund also granted a three-month relief for its borrowers by suspending the collection of payment from April 2020 to June 2020.
3. The Department of Education (DepEd) is set to refund the loan amortizations deducted from the April 2020 payroll and the suspension of deductions for loan payments from the May 2020 salary payroll.
4. Likewise, DepEd took initiatives for the early processing and release of the salaries of employees for the months of March and April. This is to ensure that employees have additional cash, while battling with the COVID-19 pandemic. These financial reliefs will be reflected in the payroll months of April, May, and June 2020.
5. With the additional cash credited to the ATM accounts of the employees, this Department reiterates its advice against the use of their individual ATM Payroll Card as collateral for loans or engaging in the ATM Sangla scheme.
6. The practice of surrendering ATM cards as collateral for loans is prohibited by the DepEd Terms and Conditions for Accreditation under the Automatic Payroll Deduction System.
7. ATM Card pawning has been noted by the Bangko Sentral ng Pilipinas (BSP) as a dangerous scheme, for it exposes borrowers to identity theft and unauthorized use of personal data possibly for unlawful activities. Also, BSP finds that this practice unduly promotes overindebtedness.
8. For your information and guidance.
LEONOR MAGTOLIS BRIONES
Secretary
Reminder to refrain from using ATM cards as collateral for loans or "ATM Sangla Scheme"
Reviewed by Teachers Click
on
April 21, 2020
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Reviewed by Teachers Click
on
April 21, 2020
Rating:
Hindi KAYA din sila nagtataka Kung bakit nagsasanla ng ATM Ang mga guro? Kc kulang Ang sweldo..Kung may 2 kang anak na nag aaral 1college, 1 highschool kaya kaya Ang 18k isang buwan...Masuwerte na lang kung Ang asawa mo ay May trabaho din katulad ng iba pero Kung na tapat ka sa nawalan ng trabaho employee masasabi din kaya nila Yan sa kalagayan ng iba? Lahat pa ng gastusin sa classroom beautification sa sariling bulsa mo pa kukunin...Mahirap din na hiwalayan na lang Ang asawa kasi di na makayulong sa panggastos sa bahay...Minsan Ang tanong na lang "hiwalayan mo asawa mong di na kumikita o isanla Ang ATM para mag survive Ang pamilya?
ReplyDeleteHindi KAYA din sila nagtataka Kung bakit nagsasanla ng ATM Ang mga guro? Kc kulang Ang sweldo..Kung may 2 kang anak na nag aaral 1college, 1 highschool kaya kaya Ang 18k isang buwan...Masuwerte na lang kung Ang asawa mo ay May trabaho din katulad ng iba pero Kung na tapat ka sa nawalan ng trabaho employee masasabi din kaya nila Yan sa kalagayan ng iba? Lahat pa ng gastusin sa classroom beautification sa sariling bulsa mo pa kukunin...Mahirap din na hiwalayan na lang Ang asawa kasi di na makayulong sa panggastos sa bahay...Minsan Ang tanong na lang "hiwalayan mo asawa mong di na kumikita o isanla Ang ATM para mag survive Ang pamilya?
ReplyDeleteButas ng karayom din po pinagdaanan ko pra makawala sa atm sangla system dhl nga s samot saring gastusin n sa iyo halos nkaatang po.Kaya di rin natin masisi ibang kaguruan na napagdaanan ganyang sitwasyun. Sana lalo pa ayusin benepisyo ng kaguruan pra di malubog sa utang at ibayung disiplina na lang po
ReplyDeleteYun lang po masabi ko
Akala kasi nila mataas ang sahud ng guro kaya kampanti cla dumada, taasan ninyo sahud ng guro, pra yong gusto nyo na mangyari ay masusunod, lahat ng gastusin sa school galing sa bulsa ng guro, sa kanikanilng room cla po ang
ReplyDeletegumastos,kayong nsa mataas at nag patupad sahod ng guro sana hindi kayo bulag at bingi
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ReplyDelete