“It is unfortunate that Congress has failed to pass the proposed Salary Standardization Law of 2015 as a result of the deadlock on the issue of the indexation of pension of retired military and uniformed personnel.
“The Executive has options within its power to effect the proposed compensation adjustment. We are now looking at these options and the DBM will submit its recommendation to the President soon.
“Section 13 of Presidential Decree No. 985 and Item 17 (iv) of Congress Joint Resolution No. 4, s. 2009 authorizes the President to periodically revise or update, upon the recommendation of the DBM, the government’s Compensation and Position Classification System.
“Based on these laws, the President may effect a compensation adjustment that is still consistent with the compensation adjustment strategy under the proposed SSL 2015.
“One option is to effect the implementation of Tranche 1 of the proposed SSL 2015 given that Congress has appropriated the amount of P57.91 billion in the 2016 Budget to cover this requirement.
“Trust that the DBM will forward a recommendation that is faithful to the parameters of the compensation adjustment strategy that we developed based on the results of the Compensation and Benefits Study for the Public Sector, the same compensation adjustment strategy that is embodied in House Bill 6268 approved by the House of Representatives last December.
“We will also push for the compensation adjustment to be retroactive to January 1, 2016.”