Republic of the Philippines

             DEPARTMENT OF EDUCATION

                                                                   Region VIII

                                                                SCHOOLS DIVISION OFFICE OF CATBALOGAN CITY

DIVISION MEMORANDUM
No.   113   , s. 2018

April 2, 2018

DISSEMINATION ON THE DESIGNATION OF DIR. MALCOM S. GARMA

TO:                  ALL DIVISION OFFICE PERSONNEL

PUBLIC SCHOOLS DISTRICT SUPERVISORS ELEMENTARY/SECONDARY SCHOOL HEADS ALL OTHERS CONCERNED

In connection with the above-captioned matter, enclosed herewith is Regional Unnumbered Memorandum dated March 22, 2018, RE: Designation of Dir. MALCOLM S. GARMA as member of the DepEd Provident Fund National Board of Trustees, contents of which is self-explanatory.

For information and dissemination.

CRISTITO A. ECO, CESO VI

Schools Division Superintendent

Republic of the Philippines

department of education

REGIONAL OFFICE NO. VIII (EASTERN VISAYAS)

Government Center, Candahug, Palo, Leyte

MEMORANDUM

TO:                 ALL SCHOOLS DIVISION SUPERINTENDENTS

SCHOOL HEADS, PUBLIC ELEMENTARY AND SECONDARY

SCHOOLS

ALL OTHERS CONCERNED

FROM:              RAMIR B.XJYTICO, Ed.D., CESOIV

OIC-Regional Director

SUBJECT:        DESIGNATION OF DIR, MALCOLM S. GARMA AS MEMBER OF

DEPED PROVIDENT FUND NATIONAL BOARD OF TRUSTEES

DATE:         March 22, 2018

1.             Attached is DepED Memorandum No. 046 s. 2018 dated March 14, 2018 entitled Designation ofDin Malcolm S. Garma as member ofDepED Provident Fund National Board of Trustees

Immediate dissemination of this Memorandum is desired.



Department of Education

.14 MAR 2018

DepEd MEMORANDUM

No.         046   s. 2018

DESIGNATION OF DIR. MALCOLM S. GARMA AS MEMBER OF DEPED
               PROVIDENT FUND NATIONAL BOARD OF TRUSTEES

To:      Undersecretaries

Assistant Secretaries

Bureau and Service Directors Regional Directors

Schools Division Superintendents

Public Elementary and Secondary School Heads All Others Concerned

1.           The Department of Education (DepEd) hereby conirms the designation of Director Malcolm S. Garma, as member of the DepEd Provident Fund National Board of Trustees, to represent the DepEd Regional Directors, vice then Regional Director Lorna Dig Dino, now appointed as the DepEd Undersecretary for Curriculum and Instruction.

2.         This is pursuant to Section 3 (Governance) of Administrative Order No. 279,

s.   1992 entitled Prescribing Rules and Regulations for the Establishment and Administration of a Provident Fund of Agencies Covered by Section 41 of the General Provisions of Republic Act No. 7180 (copy enclosed) and as determined by the election facilitated by the Association of DepEd Directors Inc. on January 26, 2018.

3.         Director Garma shall perform his functions and responsibilities stipulated under DepEd Order No. 12, s. 2004 entitled Revised Implementing Guidelines for DepEd Provident Fund and shall serve for a term of one year or until such time that the new Board is reconstituted.

4.         Immediate dissemination of this Memorandum is desired.

LEONOS^MAGTOLIS BRIONES

Secretary

End.:

As stated Reference:

DepEd Order No. 12, s. 2004

To be indicated in the Perpetual Index
            under the following subjects:

BUREAUS AND OFFICES                                 FUNDS

CHANGE                                                           OFFICIALS




(Enclosure to DepEd Memorandum No. 046, s, 2018)                                      

                                    MALACAÑANG                                       

Manila                                                                                     

BY THE PRESIDENT OF THE PHILIPPINES

ADMINISTRATIVE ORDER NO.   a?9                                             

PRESCRIBING RULES AND REGULATIONS FOR THE ESTABLISHMPMT            

AND ADMINISTRATION OF A PROVIDENT FUND OF AGENCIES

COVERED BY SECTION 41 OF THEI GENERAL PROVISION
/ GENERAL PROVISIONS OF REPUBLIC ACT NO. 7180

WHEREAS, Section of the General Provisions of Republic Act No. 7180 authorizes the surplus of service fees deposited with

the National Treasury to be constituted into a Provident Fund which                

shall be available to employees for emergency needs, school and                         educational loans, hospitalization loans, and loans for minor but

immediate repair of houses and other similar circumstances;                                 

WHEREAS, the same provision mandates that the said Fund
shall be administered pursuant to a set of rules and regulations
which the Office of the President shall promulgate;                                               

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the               Philippines, by virtue of the powers vested in me by law, do hereby

order;                                                                                                                                 

SECTION 1.    Purpose.       –   Pursuant to Section 41, General                     Provisions of Republic Act No. 7180 and similar provision in succeed¬

ing general appropriation acts, a Provident Fund is hereby authorized to be established in the departments, bureaus, offices, and agencies covered thereby, to be administered, managed, and utilized in

accordance with the following overall objective, governing structure, and general guidelines.

SEC. 2.           Overall Objective.       –   The Fund said fund provide
for the granting of benefits and loans to officials and employees of
the department, bureau, office, or agency for emergency needs;

for their education or that of their children; for their hospitalization or that of their immediate dependents; for minor but immediately

needed repair of their houses; and for other similar purposes to be determined by a Board of Trustees, as hereinafter created.

SEC. 3.     Governance.     –   The Fund shall be administered and

Managed by a board of trustees, hereinafter referred to as Board.   

The Board for each department or department level office
or agency shall be composed of the Undersecretary for Finance or
equivalent as Chairman, the Assistant Secretary for Human Resource

Development or equivalent as Vice-chairman and Chief Executive                                                                                                                          

Officer, a  designated representative of the Secretary of Budget                                                                                                                           

Management, and other members to be elected or appointed for a                                                                                                                                        

term of one year, as follows:                                                                           

a. A regional director elected by his peers-                                                                                                                                          

b. A bureau Acenter/service director elected’

by his peers;                                                                                                                              

c. A technical employee representative appointed                                                                                                          ‘             

by the Department Secretary from among no

minees of employee groups in the Department;                                                                                                                     

d. A representative of the .Administrative group                                                                                                                               

appointed by the Department Secretary from among nominees or organizations of Adminis¬ trative personnel in the Department.

SEC. 4.    Functions and Responsibilities of the Board.       –   The

Board shall be directly responsible for the efficient and effective administration and management of the Fund.   It shall have the following duties and functions:

a. Promulgate, apply, and enforce the rules and
        regulations governing the use and operation
        of the Fund;

b. Determine the type, use, and amounts of loans
        and other benefits that may be granted and
        prescribe the applicable repayment schedules
        and Interest rates;

c. Establish the eligibility requirements for

applicants, claimants, and grantees;                                                                                                              

d. Approve all loans, other benefits, and other                                                                                                                     

payments from the Fund;

e. Designate and appoint the other officers and
        staff of the Board as may be necessary from
        among the regular personnel of the Depart
        ment, and prescribe their duties, functions,

and responsibilities;

f. Greate and constitute regional boards if and
        when the size and spread of operations so
        warrant, and delegate such functions as may

be necessary;   and


g.   Perform such other functions as may be                                     

necessary to carry out the objectives and                                

purposes of this Order.                                                                

SEC’ 5′    Secretariat of the Board.      –   Unless otherwise prescribed by the Board, the existing Employees welfare and benefits Division or its equivalent shall serve as the board Secretarist, headed by its Chief who shall recommend the functions, organization, and compensation of the staff for approval by the Board.

SEC.  6.      – Restriction on Compensation and Expenses.        –
AH members, officers, and staff of the Board shall serve without
compensation, except for payment of actual overtime services   .

rendered by clerical staff.    Reasonable expenses incurred by members of the Board in connection with Board activities may, however, be

reimbursed upon presentation of receipts and other documentary
evidence in support of the claim.   Any claim for reimbursement of

actual and necessary expenses incurred in connection with activities of the Board shall be evaluated and processed in accordance with existing accounting and auditing rules and regulations.

SEC,  7.      Fund Sources and Depository.       –   The primary source
of the Fund herein authorized shall be the balance of service fees

paid by public and private agencies availing of procurement, payroll deduction, and other services rendered by the departments, bureaus, offices, and agencies concerned.   All income from operations shall

likewise accrue to the Fund.   The Fund shall be deposited as a special account in the National Treasury or In duly authorized government depository banks.

SEC. 8.    General Guidelines, Limitations, and Restridtons on
the Use of the Fund.      –   All payments out of the Fund and the use
of all proceeds from the utilization thereof shall be strictly In accord¬
ance with the following general guidelines, limitations, and restric¬
tions:

a. The Board shall adopt policies that will provide
        for the widest and most equitable dispersal of

benefits.

b. The Board shall prescribe rules and regulations
        which will preserve the integrity of the Fund and

maintain its viability.

c.The principal of the Fund may be utilizedI to
         extend guaranteed loans.   Expenses «nd °ther
         payments shall be charged against income from

operations and any surplus shall accrue to the                          

principal at the end of the fiscal year.                                         

d. Repayment of loans shall be through automatic
        deduction from the borrower’s salary and from
        other sums accruing to him in the event of his
        separation from the service*

e. if any portion of the Fund remains unutilized
        for a substantial portion of time, such may be
        invested exclusively in Treasury bills or other
        government securities.

f. Any balance remaining in the Fund shall revert
        to the National Treasury in the event of termi¬
        nation of the Fund.

SEC.  9» Audit of the Fund.       – The Fund and its operations

shall be audited by the Commission on Audit, through Its represen¬

tative.

SEC.  10.    Annual Report.    –    The Board shall prepare and

submit an annual report on the operations of the Fund and its

financial condition and status at the end of each year to the Office of the President, the Department of the Budget and Management, and to the Department Secretary concerned.

In case of failure to submit said requirements, the Depart¬ ment of Budget and Management shall order the suspension of all new transactions on the Fund until which time that said require¬ ments are complied with.

SEC.    11.     Effectivity.      –   This Administrative Order shall

take effect immediately.

DONE in the City of Manila, this      5th     day of  May,   t

in the year of Our Lord, nineteen hundred and ninety-two.

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