Olongapo SubicBay BatangGapo Newscenter

Wednesday, December 20, 2006

SBMA employees hit P1,000 cut from bonus

SUBIC Bay Freeport — Thousands of employees of the Subic Bay Metropolitan Authority were disgusted when they found out that their P6,000 mandatory performance bonus ordered by President Macapagal-Arroyo had been reduced to P5,000 because of taxes.

People’s Journal learned about this after the SBMA management distributed “claim stubs” to employees last Friday. The note on the stub reads, “Congratulations! You have just won P5,000. Claim your prize at the Treasury Department, Room 108 Bldg. 229 Waterfront Road, Subic Bay Freeport Zone from December 19 to 22, 2006 at 10 a.m. to 5 p.m. with valid SBMA ID’s”.

SBMA Contract of Service (CS) employees whose IDs have no expiration date and signed by former SBMA chairman Felicito Payumo were not given their stubs.

SBMA Administrator Armand Arreza told PJ that “the P6,000 is deducted taxes. Our regular employees received roughly P5,000 net as taxes were deducted from their accounts.”
By: Johnny R. Reblando


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