COA upholds disallowance of Pag-IBIG’s P322-M early retirement incentives

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COA upholds disallowance of Pag-IBIG’s P322-M early retirement incentives
Pag-IBIG FundPhilippine NewsNational News
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The ruling effectively orders Pag-IBIG officials who approved the payments, as well as the employees who received them, to return the full amount to the government

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The decision effectively orders Pag-IBIG officials who approved the payments, as well as the employees who received them, to return the full amount to the government. A total of 162 officials and hundreds of other employees benefited from the ERIP. Payments totaled P165.5 million in 2010 and 2011, and P156.5 million from 2011 to 213.

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