Teachers to Benefit from TRAIN, Receive More Allowances in 2018 | DepEd Press Release

Train law for teachers

Consistent with the Department of Education’s (DepEd) support of the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN) as a means to significantly develop the country’s human capital and with Secretary Leonor Magtolis Briones’s commitment to continuously provide adequate compensation for the invaluable contribution of teachers to nation-building, educators are set to receive additional net take home pay and allowances beginning January 2018. A Teacher 1 (Salary Grade 11) without dependents and has a starting basic salary of P19,620 used to take home P17,220.86 (with Personnel Economic Relief Allowance…

Briones Answers Issues on Teachers’ Debts | DepEd Press Release

Briones noted that the issue of teachers’ debts is a decades-old drama starring the teachers as borrowers, the Government Service Insurance System (GSIS) and private lending institutions (PLIs) as lenders, and the DepEd, which deducts loan payments authorized by teachers to be paid to GSIS and PLIs. She further noted that of these four actors, the teacher/borrower who spends the borrowed money, and the GSIS and PLIs who earn interest benefit from the borrowing activity, DepEd benefits the least. It merely deducts loan payments on the basis of authorizations issued…