LETTER OF INSTRUCTIONS NO. 860

: It directs the Minister of Education and Culture to take over the management, control, and operation of the Philippine Public School Teachers' Association (PPSTA).
: The funds include the Mutual Aid System (MAS), the Mutual Finance Assistance System (MFAS), and the Mutual Retirement Benefit System (MRBS).
: Because the Association performs welfare services vital to the morale of public school teachers using funds derived from authorized salary deductions, making the Minister responsible for safeguarding the interests and welfare of the teacher-members and ensuring proper management and utilization of these funds.
: The Minister was directed to take over management and control, institute reforms, take necessary actions to ensure stability and financial viability, punish undesirable officers and employees for dishonesty, incompetence or misconduct, and conduct a management audit of the Association and all its funds and services.
: Offenses include dishonesty, incompetence, or misconduct based on pertinent laws.
: A management audit into the affairs of the Association and all its funds, systems and services.
: To safeguard the interest and welfare of teacher-members by ensuring proper utilization and disbursement of funds held in trust by the Association.
: It was done in the City of Manila on the 16th day of May, 1979.