Benefit Package for UP Manila Faculty

1 / 18
About This Presentation
Title:

Benefit Package for UP Manila Faculty

Description:

Additional Christmas Bonus - PhP5,000.00. Additional Cash Gift - PhP5,000.00. b a c k ... 3. Christmas Vacation. B. Academic Leave (for faculty administrators ... – PowerPoint PPT presentation

Number of Views:151
Avg rating:3.0/5.0
Slides: 19
Provided by: Joy274

less

Transcript and Presenter's Notes

Title: Benefit Package for UP Manila Faculty


1
Benefit Package
for UP Manila Faculty
2
Categories
  • Monetary Benefits
  • Non-Monetary Benefits/Privileges

3
MONETARY BENEFITS
  • Salary (Basic Pay)
  • Allowances
  • PhP500.00/mo. - Personnel Economic Relief
    Allowance (PERA)
  • PhP500.00/mo. - Additional Compensation
  • PhP1,500.00/mo. - Subsistence Allowance (Less
    PhP50.00 for every leave incurred)
  • Hazard Pay (PhP2,473.00/mo for Salary Grades 1
    to 19 taxable)
  • PhP4,000.00/year Clothing Allowance

4
  • Incentives/Bonuses
  • Mid-Year Bonus (half of the basic pay)
  • Year-End Bonus (half of the basic pay)
  • Cash Gift PhP5,000.00
  • Loyalty Pay -
  • PhP10,000.00 - for the first 10 years of
  • service and,
  • PhP5,000.00 - for every 5 years
    thereafter
  • Longevity Pay - additional 1 step for every 3
    years
  • of service under the same position
  • Productivity Incentive Bonus (PIB) PhP2,500.00
  • Incentive Grant - P5,000.00
  • Additional Christmas Bonus - PhP5,000.00
  • Additional Cash Gift - PhP5,000.00

5
NON-MONETARY BENEFITS PRIVILEGES
SOURCES 1. National Government 2. UP System 3.
UP Manila
6
NATIONAL GOVERNMENT
AGENCIES - GSIS - PAG-IBIG - CSC -
PHIC - ECC
7
Government Service Insurance System
RA 8291
A. COMPULSORY LIFE INSURANCE 1. Loans a. Salary
b. Policy c. Emergency d. Educational e.
Real Estate/Housing 2. Annual Dividend 3. Maturi
ty 4. Disability and Sickness Income
8
5. Cash Surrender Value (CSV) 6. Unemployment
7. Separation 8. Survivorship and
Death 9. Funeral 10. Retirement Options
a. 5 years guaranteed (lump sum) and
monthly pension thereafter
b. Cash
payment equivalent to 18 months pension
and pension right after retirement
9
  • OPTIONAL INSURANCES
  • Product Lines
  • 1. Unlimited Optional Life Insurance
  • 2. College Education Assurance Plan
  • 3. Hospitalization Insurance Plan
  • 4. Sales/Mortgage Redemption Insurance
  • 5. Group Term Insurance

10
PAG-IBIG FUND
A. LOANS 1. Emergency 2. Provident 3. Applian
ce/furniture 4. Multi-Purpose 5. House and Lot/
Lot Purchase
11
B. CLAIMS 1. Membership Maturity 2. Total
Disability/Insanity 3. Separation from the
service for health reason 4. Permanent
Departure from the country 5. Retirement
6. Death
12
Civil Service Commission (CSC)
A. LEAVE BENEFITS 1. Vacation 2. Sick 3. Mat
ernity 4. Commutation of Maternity
Leave 5. Paternity 6. Rehabilitation Leave for
job-related injuries 7. Terminal Leave
8. Monetization a. 10 up to 30 days from
vacation leave credits b. 50 of the total
vacation and sick leave credits 9. Solo
Parents Welfare Act of 2000 (RA
8972) 10. Ten-day leave under RA 9262
(Anti- Violence Against Women and their
Children Act of 2004
13
Philippine Health Insurance Corporation
Benefits for Members and Dependents Room and
Board Drugs and Medicine X-ray,
Laboratories, etc. Professional Fees
Operating Room
14
Employees Compensation Commission
  • Employees Compensation Program (ECP) Any
    work-connected sickness, injury or death are
    compensable under the ECP
  • Lost of Income Benefit
  • Medical Benefits
  • Rehabilitation Service
  • Death Benefits

15
U.P. SYSTEM
I. SPECIAL DETAIL II. STUDY LEAVE (With or
Without Pay) III. FELLOWSHI
P IV. STUDY PRIVILEGES A. U.P.
Personnel B. Non-earning dependents of U.P.
Personnel
16
V. SABBATICAL VI. LEAVE BENEFITS A.
Teachers Leave 1. Teachers Summer
Vacation (30 days) 2. Teachers Sick
Leave (15 days) 3. Christmas Vacation
B. Academic Leave (for faculty administrators

with 9 12 units administrative load) C.
Rest and Re-energizing Leave (for faculty
administrators level of
Chair and above,
including the University Registrar) D. Special
Leave Privileges 3 days (for
faculty
administrators) VII. FACILITY - Housing
17
U.P. MANILA
I. BENEFITS UNDER THE MAGNA CARTA FOR HEALTH
WORKER RA 7305 A. Subsistence
Allowance B. Hazard Pay C. One-grade increase
for compulsory retirees II. FACILITIES AND
SERVICES A. Library B. Health (Employees
Clinic) C. Creche and Child Center
18
III. 25 Discount on Hospitalization IV.
Provident Fund (Optional) Equity Loan
Multi-Purpose Loan Bridge Pampatawid
Loan Death Assistance Benefit (SunLife
Insurance PhP100,000.00) Retirement/Resignat
ion Benefits
Write a Comment
User Comments (0)