Tired and demoralized for the long awaited pension?
No worry now, no less than the Chief PNP, Director General Nicanor Bartolome who announced that payments for police retirees pension has been approved and can be withdrawn easily through the use of any ATM machines.
As part of strengthening the morale and welfare of the police force, payments have been approved for release starting immediately.
In his directive, Bartolome ordered the mandatory implementation of the Automated or Checkless-ATM Pension System, the police hierarchy issued the Standard and Operation Procedure No. 2012-001 entitled: “Guidelines and Procedures in the Handling of Automated Teller Machine (ATM) Pension Accounts of the PNP and PC/INP Pensioners with the Landbank of the Philippines (LBP).”
Accordingly, the enrolment of pension to ATM System started on April 17, 2012 to the pensioners residing in the National Capital Region (NCR) and followed by simultaneous enrollment from the various regions nationwide, however, the LBP branches in other regions experienced difficulty in reserving ATM accounts for the enrolment of pensioners, resulting to the extension of deadline until September 30, 2012.
Along with this, Bartolome further allowed the LBP to enter a Memorandum of Agreement (MOA) with the financial institutions who will avail their Debit Memo Validation (DMVAL) facility for pension deductions.
The PNP in coordination with the LBP has also provided a “Courtesy Lane” for those pensioners with special concerns during the enrollment. As well, the PNP and LBP personnel conducts home visitations to pensioners with physical and/or mental disability for them to be enrolled. All pensioners with ATM card and PIN mailer can withdraw their pension from any LBP ATM machines nationwide.
Pensioners enrolled but were not able to get their ATM card and PIN mailer can withdraw their pension from the LBP where they enrolled through an “Over the Counter” Scheme. Pensioners will just present their two (2) valid identification cards and in the absence of the PNP Retirees ID, the Pensioners Update Form issued by the Police Retirees Benefit Service (PRBS) can be used. Pensioners who were not able to enrol can still get their pension through Continuous Form Check (CFC) Scheme.