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Hazard pay for teachers and the 60-day loan moratorium

Hazard pay for teachers and the 60-day loan moratorium

Hazard pay for teachers who report to school amid the pandemic.

The Department of Education (DepEd) priorities the safety of the teachers in this time of pandemic despite the preparation of the re-scheduled opening of classes.

Teachers are still able to report to their respective schools for the reproduction of modules and other activities in preparation for the opening of classes despite this pandemic.

With this matter, groups of teachers are calling for assistance to the Department of Education for risking their safety and health just to render their utmost services for the continuity of Education.

Meanwhile, DepEd Undersecretary for finance, Annalyn M. Sevilla recently announced that those teachers who are physically reporting to schools in places under ECQ and MECQ shall receive hazard pay of 500 pesos per day.

Hazard pay for teachers who report to school amid the pandemic. Posted: August 23, 2020

Source: DepEd Philippines

Borrowers to avail 60-day loan moratorium under Bayanihan 2

A 60-day loan moratorium is part of the Senate and House of Representatives bicameral committee-approved version of the Bayanihan 2 Recover As One bill.

The said moratorium in the bill covers all loans including insurance premiums, credit card, and other business loans, Senate Finance Committee chairman Sonny Angara told reporters.

Angara said the law takes effect immediately after Bayanihan 2 is enacted into law.
The Bayanihan 2 Recover as One, the second coronavirus response bill in the country, sets aside P140 billion and a standby appropriation of P25 billion if funds are available, said Angara.

The original House version of the Bayanihan 2 bill seeks the approval of a 365-day moratorium on loans.
Business groups argued it would further crash the economy that is already reeling from the effects of the pandemic.

Read more: DepEd News

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