“Well-deserved naman.”
President Ferdinand R. Marcos Jr. has approved new salary adjustments and medical benefits for employees of government-owned or -controlled corporations (GOCCs), honoring their dedication in delivering essential services to Filipinos.
The President made the announcement during the 2025 GOCCs’ Day held in Malacañang on Tuesday.
“You have all proven that with integrity and with diligence, we can embody the highest standards of efficiency, transparency, and responsibility,” Marcos said.
“Dahil sa inyong determinasyon at malasakit, mas maraming Pilipino ang ating natutulungan at naaabot ng ating mga serbisyo,” he added.
According to the Chief Executive, the Compensation and Position Classification System (CPCS) II would increase the salary of GOCC workers, while the adjustments for employees in corporations that had already implemented the CPCS I would be provided retroactively or from Jan. 1 this year.
Marcos also approved a tiered medical allowance, subject to each GOCC’s financial capacity.
GOCCs’ dividends reach P116-B
Meanwhile, the Chief Executive recognized the GOCC’s’ P116.84-billion total dividend collection to the National Treasury as of September 2025.
Among the 53 GOCCs, 15 remitted at least P1 billion each, including:
- Land Bank of the Philippines – P33.53 billion
- Bangko Sentral Pilipinas – P18.91 billion
- Philippine Amusement and Gaming Corporation – P12.68 billion
- Philippine Deposit Insurance Corporation – P10.13 billion
- Power Sector Assets and Liabilities Management Corporation – P8.96 billion
- Bases Conversion and Development Authority – P5.33 billion
- Philippine Ports Authority – P5.20 billion
- Manila International Airport Authority – P3.32 billion
- Clark Development Corporation – P2.49 billion
- Philippine National Oil Company – P2.43 billion
- Philippine Charity Sweepstakes Office – P1.77 billion
- Subic Bay Metropolitan Authority – P1.47 billion
- Maharlika Investment Corporation – P1.45 billion
- Philippine Economic Zone Authority – P1.39 billion
- Philippine Guarantee Corporation – P1.28 billion
These revenues, the President said, fund infrastructure, health care, education, and social welfare programs.
“These funds will finance the establishment and renovations of classrooms, of hospitals, and of infrastructure, as well as the implementation of vital social programs,” he said.
PBBM urges GOCCs to embrace tech to improve service delivery
To ensure that the dividends reflect better services, Marcos challenged GOCCs to invest in modern technology to simplify their processes and reduce red tape “so that every Filipino enjoys easy, fair, and dignified access to the services they deserve.”
“So, as we celebrate these milestones, let us also recognize that there is much work still left to be done,” he said.
“We need to spend these funds with utmost transparency and accountability… These funds should promote genuine reforms that uplift the quality of life, reach the vulnerable, and leave a lasting contribution for the generations to come,” he added.
-jpv
