Mendoza: Update on Covid-19, remaining SRI, investment scams

Mendoza: Update on Covid-19, remaining SRI, investment scams

THE Department of Education currently issued DepEd Memo No. 21, s2020 tht spelled out “Second Set of Policy Directives on nCoV,” now known recently as Coronavirus Disease or Covid-19.

The salient features are: 2. All policy directives and measures contained in DepEd Memorandum No. 15, entitled First Set of Policy Directives of the DepEd Task Force nCoV are sustained.

The following measures are reiterated and further elaborated: a. The travel measures and restrictions as stipulated in Enclosure No. 2 to DM 15, s. 2020, remain in effect. Furthermore, all personnel and learners who decide to proceed with their scheduled personal travels to countries identified to have confirmed cases or persons under investigation for 2019-nCoV for the month of February shall be subject to mandatory self-quarantine for 14 days from the date of arrival in the Philippines. b. The suspension of all national and regional activities involving learners and/or teachers requiring travel and congregation of various schools, divisions, and/or regions, and of all off-campus activities for the month of February 2020, as stipulated in Enclosure No. 2 to DM 15, s. 2020, remains in effect.

Also included are conditions when can classes be suspended by the school principal, division superintendent and/or regional director.

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DepEd Undersecretary for Finance Service and Education Programs Delivery Unit Annalyn Sevilla recently announced that qualified personnel, both teaching and non-teaching, of the Department of Education (DepEd) are set to receive their remaining service recognition incentive (SRI) amounting to P3,000.

Based from Memorandum No. OUF-2020-0051 dated February 7, 2020 on the “Full Payment of the 2019 Service Recognition Incentive (SRI),” allotment cover from the DepEd Central Office is already released to the regions as basis for the payment of the P3,000 SRI.

Sevilla, in her official FB page said since the Sub-AROs have been issued to the respective DepEd Regional Offices Proper, the corresponding cash allocations have to be released to the said DepEd-Ros.

Therefore, the DepEd- ROs have to closely coordinate with their DBM counterparts in their respective Regions for the issuance of Notices of Cash Allocation (NCAs) though we, in the Central Office, are making representations to the DBM-CO for the early release of the NCAs.

However, Sevilla clarified that the DepEd-ROs, however, may adopt other arrangements/procedures to facilitate the payment of the remaining unpaid balance of the 2019 SRI.

Further, Usec Sevilla added that upon receipt of the cash allocations to cover the cash requirements of the Sub-AROs for the purpose, it is expected that all DepEd teaching and non-teaching personnel will be paid of the subject personnel benefit considering that the allotment downloaded to the ROs to cover the remaining unpaid portion of the 2019 SRI was based on the validated number of employees qualified for the grant of the subject benefit as submitted to the Budget Division, Finance Service, DepEd-Central Office by the concerned DepEd-ROs.

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The Securities and Exchange Commission (SEC) issued an advisory that they have received numerous reports regarding an unknown entity allegedly encouraging public school teachers (PSTs) to invest in its programs enumerated below: Teachers Financial Coaching Program (TFCP); Teachers Financial Freedom Program (TFFP); Elite Teachers Financial Program (ETFP); and Teachers Financial Program (TFP) All DepEd teaching and non-teaching personnel are reminded to be cautious and not to deal with individuals offering the above mentioned programs, as they are considered as "investment scam".

Should you encounter a similar case, please report it to the following authorities: SEC Enforcement and Investor Protection Department

Tel: 8818-6047. E-mail: epd@sec.gov.ph. DepEd Action Center: Tel: (02) 636-1663; 633-1942Fax: (02) 638-8641 SMS: 0919-4560027 E-mail: action@deped.gov.ph.

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This Corner hopes that all the information above will serve the purpose they are intended --- the welfare of all DepEd teaching and non-teaching personnel and the learners. Belated Happy Valentine’s to one and all!

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