DepEd Chief Briones Orders P4,000 Monthly Take Home Pay For Public School Teachers
Department of Education (DepEd) Secretary Leonor Briones on
Thursday, October 26, signed DepEd Order (DO) 55, ensuring that teachers will
have no less than Php4,000 net in their monthly take home pay.
The move aims to help teachers manage their finances after
data showed that many teachers avail of various loans, even from loan sharks,
just to make ends meet.
DepEd DO 55, or the “Revised guidelines on the
Implementation of Php4,000 Net Home Pay for the DepEd Personnel,” will
prioritize loan deductions due for Government Service Insurance System (GSIS)
and the Home Development Mutual Fund (HDMF).
This means the contributions, obligations for premiums and
loans to GSIS and HDMF will be prioritized in the salary deductions.
“The same primacy shall be accorded to payments for the
Bureau of Internal Revenue (BIR) and the Philippine Health Insurance
Corporation (PhilHealth),” DepEd said in a statement.
Secretary Briones said that while the teacher’s net pay may
increase or decrease depending on the GSIS and HDMF deductions, the DO ensures
that the personnel’s take home pay will not go lower than the Php4,000
threshold.
The agency also continues to identify measures that will
enable teachers to manage their finances.
“We are also examining emergency measures to assuage the
situation of those who have been negatively affected by the recent loan
deduction,” Secretary Briones said.
She emphasized that the DO aims to protect the teachers’
interests.
Personnel applying for loans should be aware of their
capacity to pay, and of the interests and penalties that they may incur in case
of delayed payment, Secretary Briones said.
“They must ensure they have the capacity to pay loans being
applied under the Automatic Payroll Deduction System (APDS). Non-mandatory
deductions not deducted under the APDS, on the other hand, shall be paid
directly to the lenders,” she said.
Data from the DepEd revealed that teachers from across the
country have incurred Php178 billion worth of loans from private institutions,
and Php123 billion worth of credits due to GSIS as of December 2016.
Watch the video report below via TV Patrol:
DepEd Chief Briones Orders P4,000 Monthly Take Home Pay For Public School Teachers
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October 28, 2017
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