P4.9M anniversary bonus for for city employees OK'd
Inspite of the threat to cut down the Internal Revenue Allotment (IRA) of every city, Iloilo City Government will still receive their anniversary bonus after the Sangguniang Panlungsod recently approved a resolution appropriating P4,980,000.
The resolution authorizing to charge the amount of P4,980,000 for the payment of anniversary bonus at P3,000 per employee (for all qualified employees) and officials of the city government chargeable against Personnel Benefit Fund authored by Councilor Jose Espinosa III was approved by the entire city council in last Wednesday's regular session of the Sangguniang Panlungsod.
No objections were raised regarding the approval of such resolution. The qualified city government employees and officials are expected to receive their anniversary bonus on November 6,2006.
Meanwhile, the city council deferred the approval of the request of the Iloilo City Convention Bureau for accreditation. The deferment was made after the members of the city council wanted to get the exact status of the bureau. The bureau was created based on an executive order made by Mayor Jerry Treñas but the group was also listed as a corporation at the Securities and Exchange Commission (SEC).