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Saturday, May 18, 2024

IBC retirees receive benefits after 20 years

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After over two decades since they parted ways with the state-run Intercontinental Broadcasting Corp. (IBC), a total of 145 retired employees have started receiving their retirement benefits.

Senate deputy majority leader JV Ejercito on Sunday expressed elation on this development.

Ejercito staunchly defended the budget of IBC during the deliberations in 2022 and 2023.

He expressed concerns over budget cuts for IBC-13, arguing that the reductions might affect retirement benefits for eligible employees of state-run broadcast stations.

In 2023, the lawmaker pushed for retirement benefits of former IBC employees during the budget deliberations.

“This money rightfully belongs to the people; they earned it through their hard work, and denying them their rightful benefits is unjust,” he said.

“These individuals dedicated their time and efforts to serving the corporation, and it is only fitting that they receive what is rightfully theirs,” Ejercito emphasized.

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