The Bangko Sentral ng Pilipinas thru the Office of the Governor has released the implementing rules and regulations (IRR) of section 4 (aa) of Republic Act No. 11469, otherwise known as the "Bayanihan to Heal as One Act".
This issuance focuses on the mandatory 30-day grace period to all loan payments within the enhanced community quarantine imposed by the President.
Thus, DepEd Usec. Annalyn M. Sevilla relays the information to the DepEd community explaining the procedure to be taken up for the proper implementation of the said issuance. This includes the release of the salary for the month of April where loan deductions may be implied with the plan of giving it back to the employees pursuant to the above mentioned implementing rules and regulations.
Here is the complete announcement made on the official Facebook page of Usec. Sevilla:
Sa lahat ng empleyado ng gobyerno, DepEd pa Lang ata ang nakapag process at nakapagbayad na ng whole month of APRIL salary kahit April 1 pa lang. Dahil yan sa malasakit at pag alala ng kagawaran para sa ating mga guro at tagapamahala ng mga opisina at eskwelahan.
Because we aimed to be proactive and responsive to the needs of our deped employees to prepare for the ECQ, the april payroll was processed with deductions and loan payments due per employee. The bayanihan law and its IRR came much later after we processed the April payroll. The IRR on the moratorium on loan payments will be effective April 2, 2020.
All implementing units in the government, not just DepEd, will adjust the payroll database and system and coordinate with the PLIs involved. mag orient pa sa lahat ng finance officers nationwide to explain procedures on how to implement this DOF and BSP issuances. if we apply this in the april payroll, baka sa MAY nyo pa makuha ang April salary nyo. so ano po mas acceptable sa inyo? maaga na sahod o hintayin na maayos ang lahat para hindi muna ma deduct ang loan payments nyo ng April? anyway, mag uusap pa ang involved offices dito - personnel, finance, IT and admin. maghintay muna ng policy cover on this.
We may also release the loan payments due this April back to employees since hindi pa remitted sa PLIs ang payments for April. Let’s trust the people who work for you while you are in ECQ. Magtulungan po tayo at rumespeto sa sistema at proseso na mayroon tayo.
I share these DOF and BSP issuance to you for your ADVANCE INFO and REFERENCE, as we draft the procedural guidelines on how to adjust our payroll database and system.
Source: Usec. Annalyn M. Sevilla FB Page
Loan Payments Refund to DepEd Employees for the month of April
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April 02, 2020
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April 02, 2020
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