october 21-22 NEB meeting

[Admin-apcjr]

REPORT ON The LBPEA NATIONAL EXECUTIVE BOARD MEETING October 21-22, 2010
Relayed by SONIA D. BROTARLO
LBPEA Director for Visayas

The LBPEA National Executive Board(NEB) held its regular meeting on October 21-22, 2010 at the LANDBANK Plaza.


SELECTION OF HMO PROVIDER FOR 2011

a) Selection process for HMO provider is still ongoing. Thus, there is no chosen provider as of this time.

b) EMS Enterprise- HMO third party administrator
Representatives from the company were given opportunity to present their products. Although, they were informed that our HMO selection is being handled by a committee composed of representatives from LBPEA, MMOAI, and top management.



COURT OF APPEALS UPHELD RTC DECISION ON COLA CASE

Atty. Norberto Martinez, COLA Lawyer, was invited to attend our meeting on October 22. He was so happy to announce the triumph of the case of Batch 1 before Court of Appeals and gave copy of the decision. He explained the procedure with which the case will go through and that LandBank may still file a Motion for Reconsideration. He assumed it will still reach the Supreme Court and estimated two years for the case to be finally settled.

Batch 2 is with the RTC Manila awaiting decision. He informed the NEB if there are interested employees who would like to join as petitioners and who were not able to execute SPAs before an intervention is still possible in this Batch.


ON BENEFITS

Year End Bonus will be given this November. LBPEA will be requesting for other benefits after the release of our bonus.

There were rumors which reached the LBPEA NEB regarding release of additional grocery allowance and release of housing fund dividend. LBPEA has not made any request yet regarding additional benefits.

LBPEA NEB will still request for the release of housing fund dividend. However, we were informed that past due loans on housing fund escalated due to unpaid amortizations of retired employees. This fact would affect our dividend if ever release will be approved by PF Board.