| Written by GMANews.TV | |||
| Tuesday, 19 August 2008 23:25 | |||
|
Led by the Alliance of Concerned Teachers (ACT) the teachers said that they were protesting what they described as the “oppressive and exploitative" policies of GSIS introduced by Garcia. Hundreds of public school teachers marched to the main gate of the GSIS complex in Pasay City at around 10 am. They held a program and set up a “complaint desk" that documented the grievances of hundreds of teachers. ACT chairman Antonio Tinio said that the “pent-up anger" of teachers and other government employees at the oppressive policies of GSIS under Garcia cannot be underestimated. “Billions of pesos of losses sustained by GSIS due to years of mismanagement and corruption are being unfairly recouped by Garcia through unjust and onerous deductions from the benefits of GSIS members. In many cases, GSIS is so ruthless in demanding its pound of flesh that retirees are left with nothing,"a he said. Tinio cited the case of Candida Tiglao, a 68 year-old retired public school teacher from Tarlac City , who has not received a single centavo of her monthly pension since 2005. Apparently, Tiglao availed herself of a GSIS housing loan worth P353,000 in 1998. By 2007, this had ballooned to over P1.69 million. When she retired in 2005, the GSIS automatically withheld her 18-month retirement lump sum as well as her monthly pension and used these to offset her unpaid housing loan. According to the GSIS, they will start paying Tiglao her pension in 2012, when her debt to GSIS shall have been fully paid. Aside from the resignation of Garcia, ACT also called for the scrapping of the GSIS’ premium-based policy, the Claims and Loans Interdependency Program (CLIP) and the new housing loan policy which the group described as “unjust and exploitative." The group also called for the writing-off of onerous interests, penalties, and surcharges, full payment of benefits and immediate refunds to those members victimized by unjust deductions. - GMANews.TV
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