NPC, PSALM ordered to pay claims of terminated employees | Inquirer Business

NPC, PSALM ordered to pay claims of terminated employees

/ 05:14 AM October 03, 2019

MANILA, Philippines — The Commission on Audit (COA) has ruled that the National Power Corp. (NPC), through the Power Sector Assets and Liabilities Management Corp. (PSALM), is liable for the money claim of employees terminated in 2002 due to the overhaul of the power sector under the Electric Power Industry Reform Act (Epira).

In a Sept. 23 decision made public on Wednesday, the COA partially granted the money claim of the employees, most of whom were union members.


The COA also directed the NPC and PSALM to pay the attorney’s fees of the terminated employees. —Patricia Denise M. Chiu

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: COA, Commission on Audit, napocor, NPC
For feedback, complaints, or inquiries, contact us.

Curated business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

© Copyright 1997-2021 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.