Is there a quick remedy for this?
“The entire operations of the Philippine National Police (PNP) face disruption once the Manila Regional Trial Court (RTC) Branch 23’s garnishment order against its bank account pushes through in August,” reports Julliane Love De Jesus on Inquirer.net.
The report went on to note: “The court ruling issued last July 9 stemmed from the case filed by the Manila’s Finest Retirees Association, representing the retired officers of the defunct Philippine Constabulary-Integrated National Police (PC-INP) regarding the non-payment of their pension and pension differentials worth PHP3.9 billion from 1991 to 2006.”
Once the garnishment addressed to the Land Bank of the Philippines is implemented, any withdrawal, release, and transfer of money by the PNP will not be allowed.
Chief Superintendent Reuben Theodore Sindac, head of the PNP’s Public Information Office (PIO), explained, “We are apprehensive that if this would not be resolved, the PNP operations will be unduly hampered and that more than 66,000 of our PNP and INP pensioners will not receive their pensions in their ATMs for August 2014 as a result of this garnishment order. This has really a big impact on us because we are withdrawing money from our Land Bank account every month for our operational expenses.”
Sindac said the PNP was given PHP22.9 billion as their budget for its pensioners but only up to the third quarter of 2014. He added, “The PHP22.9 billion allocated for pension is barely enough to finance for the regular pensions of policemen, which is roughly PHP1.8 billion a month.”
Sindac said they are now coordinating with the Land Bank to address the looming fiscal deficit PNP will face.
Photo by Thirdyboy (WikiCommons)
