The recently signed Collective Negotiation Agreement (CNA) between the Philippine Deposit Insurance Corporation (PDIC) and and the PDIC Employees Organization (PHILDICEO) is now official, having been registered with the Civil Service Commission (CSC). The CNA took effect on July 8, 2025.
Valid for four years, or until July 7, 2029, the agreement sets a solid framework for employee welfare, workplace cooperation, and mutual accountability.
The CNA is a product of constructive dialogue between the PDIC panel and PHILDICEO. It likewise reflects the Corporation’s shared values of teamwork, integrity, professionalism, and excellence not only in its provisions but also in the collaborative way it was achieved.
The agreement covers all rank-and-file employees and provides comprehensive benefits and programs, including flexible work arrangements, health, safety, and wellness programs; legal assistance, training and scholarship opportunities; representation in key PDIC committees, clear grievance procedures; and other employee-centered benefits.
In a forward-looking move, the PDIC and PHILDICEO also agreed to launch joint campaigns aimed at cost-cutting, systems improvement, and operational efficiency to reinforce the idea that employee welfare and institutional sustainability go hand in hand.
PDIC President and CEO Roberto B. Tan underscored the significance of the milestone, saying, “Collaboration is always possible when we listen to one another, respect each other’s perspectives, and focus on shared goals.”
The Philippine Deposit Insurance Corporation (PDIC) was established on 22 June 1963 by Republic Act 3591 to protect depositors and help maintain stability in the financial system.
The PDIC is an attached agency to the Bangko Sentral ng Pilipinas, and a member of the Financial Sector Forum, the Financial Stability Coordination Council, and the Financial Inclusion Steering Committee.
PDIC news/press releases and other information are available at the website, www.pdic.gov.ph.
