CASE 2014-0034: LAND BANK OF THE PHILIPPINES, PETITIONER, – VERSUS – DAVID G. NAVAL, JR., JOSE SAL V ANTE S. ANTE, AL VIN 0. ARRIZA, JACINTO Y. MANALO, RAMON D. SIAO, AND ALLAN E. BENUSA, IN THEIR OWN NAMES AND IN BEHALF OF THE OFFICERS AND EMPLOYEES, BOTH INCUMBENT AND RETIRED, OF LAND BANK OF THE PHILIPPINES, RESPONDENTS (G.R. NO. 195687) GENEROSO DAVID AND OTHER LAND BANK OFFICERS AND EMPLOYEES, REPRESENTED BY DAVID CUI-DAVID BUENA VENTURA AND ANG LAW OFFICES, INTERVENORS; EDWIN A. ILAGAN, MARY GRACE L. SAL TING, IMELDA B. MOLOD, MA. CARMEN B. BERAQUIT, MA. SOCORRO N. REGALA, GERRY P. SALTING, REGGIE D. ABIOG, ESTHER S. VILLAR, GWENDOLYN B. DOMETITA, THERESA G. ENDA YA, MERFE F. DAGNALAN, ANTONETTE F. BALGEMINO, CELESTE R. CABATINGAN, AMELIA G. JIMENEZ, CARLOS B. FLORIN JR., DOROTHY MAYE. EMPLEO, JESUS D. EMPLEO, MILDRED BONOS, MARIBEL G. HALDOS, CHOLITA B. SESNO, PROMULGATED: CHONA LUDDIE BARELA, AND GRACE L. CRUZ, INTERVENORS (G.R. NO. 195687) (07 APRIL 2014, VELASCO, JR., J) SUBJECTS: COLA; BANK EQUITY PAY; AUTONOMY OF LAND BANK TO DESIGN COMPENSATION PLAN. (BRIEF TITLE: LAND BANK VS. NAVAL ET AL.)

 

DISPOSITIVE:

 

“WHEREFORE, the instant petition is GRANTED and the Decision dated October 11, 2010 and the Resolution dated February 22, 2011 of the Court of Appeals in CA-G.R. SP No. 99154, which ordered the back payment of the Cost of Living Allowance (COLA) and the Bank Equity Pay (BEP) to respondents, are hereby REVERSED and SET ASIDE.

 

The Motion for Intervention filed by David, et al. and the Complaint- In-Intervention filed by Ilagan, et al. are DENIED.

 

SO ORDERED.”

 

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SCD-2014-0034-APR 2014-LAND BANK