ISKO - MOA, GSIS assure city employees of pension
Mayor Isko Moreno

I am proud and happy to report to my fellow workers in the city   government of Manila that their long time fear of not being able to get   any pension from the Government Service Insurance System (GSIS) once   they retire from the service is now a thing of the past.

Just recently, we signed a memorandum of agreement (MOA) with the   GSIS wherein the thousands of city employees are assured of benefits via pension even if the city still owes the agency, once their retirement comes.

Under the normal scheme of things, an employer deducts from the   employee’s salary a certain amount.  This amount, in turn, is supposedly   forwarded to the GSIS so that when the employee concerned retires, he or she may be able to get a pension from the institution.

Sadly, in the case of Manila City Hall employees, it will be   recalled that when we assumed office last year, we were aghast to find   out that the city government owed the GSIS some P195million.

Shocking as it may seem, the poor, innocent employees were   left in a situation where they won’t be able to get anything from the   GSIS of and when they retire.

If we do not remit the share that is supposed to go to the   GSIS, the employees will be adversely affected and suffer the likelihood that they will not be able to enjoy their pension.

Normally, those who are not updated cannot get any pension unless they   fill the gaps in payment to the GSIS.

It is for this reason that we are trying to straighten out things and   rectify the situation, though no fault of ours.

We know and fully understand how our city workers have been living in constant fear, especially those whose retirement are up soon.

It is precisely for this reason that our special thanks go of course, to the GSIS and our city personnel’s office which pains takingly went into the nitty-gritty of things which resulted
in the crafting of the MOA.

In it, the city government of Manila is able to save over P68.4   million, as the GSIS agreed to reduce the amount of Manila’s debt from P195 million down to P126 million.

The kindness of the GSIS does not end there. It also agreed   to a staggered basis of payment.

Under the MOA, the city will begin paying its gargantuan debt monthly, beginning in January next year.

With this agreement now in place, the employees of Manila may sleep soundly, assured that they will get their pension should they decide to   retire any day from today.

Although the monthly payments are yet to begin next year, the GSIS agreed that those who are retireable in October, November, or December   will be treated as if their payments are updated.  This means that their pension will not be affected.

This is the least that we in the city government can do for   our dear city workers, especially those who have served the city and its   people for decades.

They deserve to reap the fruits of their labor and enjoy their   retirement somehow, after dedicating the most productive years of   their lives in the service of the city and its residents.

What ever progress we enjoy today as a city, we owe it to them.


Gaya ng paulit-ulit  kong sinasabi, kailangan ko angtulong ninyong   lahat Walang mag mamalasakit sa Maynila kundi tayo ding mga Batang   Maynila. Manila, God first!


For updates on latest developments in the city of Manila, please visit   my Facebook account — ‘IskoMoreno Domagoso.’

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