Question & AnswerQ&A (EXECUTIVE ORDER NO. 150)
The primary purpose is to approve the Compensation and Position Classification System (CPCS) and Index of Occupational Services, Position Titles, and Job Grades for GOCCs (IOS-G) Framework, repealing EO No. 203 (s.2016), and to establish guidelines on the compensation system for government-owned or -controlled corporations (GOCCs).
The Governance Commission for GOCCs (GCG) is mandated to develop, administer, and implement the CPCS under this Order.
The CPCS applies to all GOCCs, Government Financial Institutions (GFIs), and Government Corporate Entities (GCEs), including subsidiaries, unless excluded from the coverage of RA No. 10149 or if there are approved abolition or deactivation orders.
No, the Governing Boards of GOCCs are not authorized to negotiate the economic terms and conditions of CNAs or CBAs with their officers and employees. Such incentives shall be guided by DBM policies and guidelines.
It guarantees that in the implementation of the CPCS, there shall be no reduction in the existing authorized salaries of incumbent officers and employees of GOCCs.
GOCCs are prohibited from sourcing payment for compensation adjustments from loans, sale of assets for the sole purpose of compensation adjustment, or other analogous schemes. They are also barred from increasing service fees to augment deficiencies for compensation.
Such GOCCs shall undergo mandatory action which may include reorganization, merger, streamlining, abolition, or privatization per Section 5(a) of RA No. 10149, upon recommendation of its Supervising Agency.
The GCG En Banc shall review the CPCS three years after its effectivity and every three years thereafter, considering performance of GOCCs, their economic contribution, inflation, and other relevant factors.
They shall be granted separation incentive pay rates based on their years of service measured against their Monthly Basic Salary, unless GCG recommends lower rates to the Office of the President.
The CPCS and its salary structure become effective upon issuance of corresponding authorization by the GCG. The GCG En Banc may set a uniform effectivity date, which cannot be earlier than the date of effectivity of this Order.