Bu-lat-lat (boo-lat-lat) verb: to search, probe, investigate, inquire; to unearth facts

Vol. V, No. 50      January 29 - February 4, 2006      Quezon City, Philippines

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LABOR WATCH

Bacolod Gov’t Workers Slam Delayed GSIS Releases

Is this a case of adding insult to injury? Overworked and underpaid government employees of Bacolod City complain not just about the delay in the release of their dividends from the Government Service Insurance System (GSIS) but also the meager amounts.

BY KARL G. OMBION
Bulatlat

Bacolod City – For almost a month, electronic card (e-card) holders of the Government Service Insurance System (GSIS) have been complaining about the slow release of their annual dividends which are already low to begin with.

Ramon Espinosa, spokesperson of the Alliance of Concerned Teachers-Bacolod, said most government employees line up for several hours to withdraw their GSIS dividends, which range from P600 to P800 ($11.45 to $15.27, based on exchange rate of P52.385 per US dollar). Worse, he said, others have complained that their e-cards are empty.

Educators and state employees stage protest in Bacolod City.

Photo by Karl G. Ombion

Espinosa said that the long delay in withdrawals using the GSIS e-card is caused by off-line automated teller machines (ATMs) of UnionBank of the Philippines, the GSIS’ depository bank. According to him, UnionBank tellers would advise e-card holders to wait or return the next day.

He stressed that when the e-card program started last year, GSIS reportedly told them they can withdraw from any bank. However, other banks do not honor the GSIS e-card, Espinosa said.

He said his group has been from the start opposed to the introduction of the e-card system given the anomalies surrounding it. They also fear that the computerization process may eventually lead to retrenchment of government employees.

He said that GSIS funds used to be with Land Bank of the Philippines (LBP), a government bank. When Winstron Garcia assumed the GSIS’ top post, he transferred all the accounts to UnionBank which is privately-owned. Espinosa believed this was highly irregular. 

According to him, it is clear that the GSIS under Garcia “is just fooling us, and even looting us of our contributions and shares.”

Espinosa called on GSIS pensioners and all state employees to continue the fight to remove Garcia from the post, and resist the GSIS’ corporatization plan which is just a euphemism for a take-over of profit-oriented private companies. Bulatlat

 

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