Casiño wants GOCCs covered by Salary Standardization Law
For more transparency and appropriate govt spending
Bayan Muna Rep. Teddy Casiño today called for the immediate inclusion of all government-owned or controlled corporations (GOCCs) under the coverage of the salary standardization law (SSL) to help check the wasteful spending that the Department of Budget and Management (DBM) says it wants to weed out of the national budget.
“The SSL III should be immediately applied to GOCCs to effectively put a cap on the bloated salaries, abusive bonuses and other perks of GOCC officials. The SSL was upgraded recently in the 14th Congress and should be imposed on all GOCCs to correct the anomalous situation wherein a few officials become millionaires by milking state funds and assets (see table below),” Casiño said.
