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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 1362 |
Administrator, National Food Authority
National Secretariat, Kilusang Kabuhayan at Kaunlaran
Minister, Ministry of Labor and Employment Chairman,
National Wages Council
WHEREAS, it is the policy of the Government to protect workers from the effects of inflation;
WHEREAS, in the light of economic realities, there is a felt need to consider measures that could provide additional relief for the workingman;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and direct as follows:
1.
The National Food Authority (NFA) shall support the Workers' Rice
Program by extending a thirty-day credit line to legitimate labor
organizations and employees' cooperatives. If necessary, the Social
Security System shall set aside a Guarantee Fund of Seventy Million
Pesos (P70,000,000.00) to support the Program.
2. The Social
Security System shall extend the following benefits to the workers upon
proper application:
(a)
a three-month salary and/or educational or public calamity loans as
well as stock investment loans.
(b) a housing
and/or real estate loan to the extent of P100.00.
4. The National Wages Council and the Ministry of Labor and Employment shall immediately cause a study to be undertaken of the feasibility of upgrading wage-related benefits such as overtime and night work premium rates and the number of service incentive leaves, consistent with the Government's policy of improving benefits of workers.
These agencies are directed to issue guidelines on the proper implementation of these directives.
For immediate compliance.
Done in the City of Manila, this 7th day of November, 1983.
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