Policy Research Helping Provide Affordable Rice to Filipinos

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Philippine Institute for Development Studiesof about 23.33 percent over last year’s P10.572 million.This includes cash in bank, accrued/other receivables,and investment in treasury bills/treasurybonds.Finally, total networth amounted to P11.132 million,an increase of P1.864 million (or about 20.11%growth) over last year’s figure of P9.268 million. Ofthe net worth, P7.580 million (68.09%) representsfund contributions, P2 million (17.97%) representsthe seed money from the Institute, and the remainingP1.552 million (13.94%) represents the accumulatedearnings of the Fund.Payment of benefitsDuring the year, the Fund paid benefits to one retiredand five resigned employees. The computationof the amount they received was based on theprovisions of the By-Laws of the PIDS ProvidentFund Inc.Future thrustsAs a matter of strategy, Fund management will continueto focus its effort on investing in short-termgovernment securities and on monitoring, at thesame time, developments in the financial marketin order to maximize the earnings of its investments.This will provide enough opportunity for the Fundto augment its financial base and at the same timeensure the viability of its placements, the earningsof which shall be used exclusively for the benefit ofits member-employees.18
PIDS EMPLOYEES ASSOCIATION2004 Annual ReportThe year 2004 was a combination offundraising programs, charity works andfun activities for the PIDS EmploymentAssociation (PIDSEA). These were ontop of the regular assignments that the membershad in terms of involvement in various PIDS mattersthrough representation in committees.One of PIDSEA’s major projects in 2004 was afundraising activity—the Bingo Socials—that wasmeant to generate funds to support other PIDSEAactivities such as the attendance of some PIDSEAofficers in various seminars. The Bingo Socials, heldon the last day of the 27 th PIDS Founding Anniversarycelebration, proved to be a successful activityas it raked in P11,119.18 and provided PIDS staffan opportunity to relax and unwind—and winprizes—at the end of a long anniversary week. Apartfrom the Bingo Socials, PIDSEA members also contributedto the year-round fund drive to generatecash from trash papers.Charity begins at home, as the saying goes. In thesame way that each PIDSEA member looks aftereveryone’s needs and welfare, it also recognizes theneeds of fellow Filipinos in distress. When theQuezon province was devastated in early Decemberby three typhoons, one after the other, PIDSEAresponded. A sizable cash amount of P4,800 andused clothings were collected from the fund drive.The amount was able to buy sufficient groceries andwere forwarded to Caritas Manila. Children of PIDSemployees were also treated to an enjoyable andmerry Christmas party filled with games, prizes, foodand surprises. Not only did the energetic PIDS juniorsenjoy the party but their parents did as well.In conclusion, the general assembly arrived at a decisionin July 2004 to postpone the 2004 electionsfor new PIDSEA officials until the first PIDS-PIDSEAcollective negotiation agreement (CNA) has beensigned.19
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Page 4 and 5: 2004 Annual ReportTHE PRESIDENT’S
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Page 24 and 25: ANNEX ACOMPLETED STUDIES2004 Annual
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Page 32 and 33: Annex DPublic Affairs2004 Annual Re
Page 34 and 35: 2004 Annual ReportCan the Poor Bene
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Page 48 and 49: ANNEX GBALANCE SHEETAs of December
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Page 52 and 53: 2004 Annual Report6. Marketable Sec
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