PBBM approves salary hike for GOCC employees

President Ferdinand "Bongbong" Marcos Jr. approved the Compensation and Position Classification System (CPCS) II, which will increase the salaries of Government-Owned or -Controlled Corporations (GOCC) employees.

The salary increase, retroactive to January 1, 2025, for GOCCs that already implemented CPCS I, is considered "well deserved" and includes a tiered medical allowance.

Marcos urged GOCCs to streamline processes, reduce red tape, and modernize technology for improved public access to services.

He highlighted GOCCs' contributions through dividend remittances, which increased from an average of P36 billion (2011-2013) to over P106 billion by September 2025.

The Government Service Insurance System (GSIS) affirmed its support for Marcos' call for integrity, prudence in pension reforms, and digital innovations.

GSIS OIC Juliet Bautista assured that the system is already implementing reforms, including the removal of the survivorship pension cap and the abolition of the cohabitation rule.