Tuesday, January 14, 2014

MLA STANDARD: PNOY'S EO GRANTED BONUS TO SSS BOARD

An executive order issued by Pres Benigno Aquino III and a law authored by Senate Pres Franklin Drilon allowed the Social Security System to grant bonuses to its board officers. The BONUS AMOUNTED TO P9.5 MILLION in 2012, according to SSS vice president for public affairs Marissu Bugante who said the compensation was based on the formula prescribed by law (RA No. 10149), which created the Governance Commission for GOCCs.

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