Tuesday, June 19, 2012

DBM urges PNP to switch to ATM


The Department of Budget and Management is urging the Philippine National Police to release its retiree benefits payments thru Automated Teller Machines commonly known as ATM.

The move will ease out ghost pensioners from the PNP database. According to DBM Secretary Florencio Abad, the ghost pensioners has been defrauding the government of around P250-million a year.

“As it stands the check payment system is already a time-consuming process for the pensioners. They have to go to their banks twice a month and stand in line to encash the check, more importantly this system has been heavily abused by unscrupulous groups who have made a sizeable profit at the expense of the Filipino people.” Abad said in a statement.

According to the DBM the PNP in its report that about 66% of its retirees or 40,233 pensioners have been confirmed as genuine while some 20,694 names have yet to be verified.

Abad noted that just over 2,000 of the rogughly 60,000 police retirees have so far enrolled in ATM accounts.
“We call on the Retired PNP Officers Association to begin securing ATM accounts so that they can receive pension payments much faster and more efficiently.” Abad said.

Meanwhile Abad countered the protest of the Retired PNP Officers Association in the delay of the 3rd tranche pension adjustment implementation for the PNP and the Integrated National Police retirees. The retirees claimed in their protest that the DBM has not yet released the funds for the pension increase for June 2012.

Abad said that the release funds can adequately cover the required pension adjustment adding that the PNP will still need to update their list of confirmed pensioners before the release can be made. (PIA 11/RG Alama)

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