COMMISSION ON AUDIT RESOLUTION NO.

95-618 September 21, 1995

SUBJECT : Accident Insurance Program (AIP) for COA Officials and Employees

WHEREAS, the Fiscal Autonomy Group signed Joint Resolution No. 17, dated 25 July
1995, directing its members to design and implement an Accident Insurance Program (AIP) for
their officials and employees;

WHEREAS, this Commission has consistently supported matters promoting the welfare
and well-being of COA employees;

WHEREAS, said Accident Insurance Program will help COA employees and/or their
families face and overcome the shock and grief of loss of life or dismemberment due to
accidents;

WHEREAS, the AIP will certainly boost the morale and efficiency of COA employees
and strengthen their bond of loyalty to the Commission which can be translated into greater
productivity;

NOW, THEREFORE, it is resolved, that this Commission shall establish an Accident

Insurance Program (AIP) for all COA officials and employees, with a coverage not exceeding
Three Hundred Thousand Pesos (P300,000), which shall complement the COA Medical
Assistance Program (MAP);

RESOLVED, FURTHER, that in line with Special Provision No. 5 of the COA 1995
approved appropriations authorizing the COA Chairman to use savings for the payment of
fringe benefits for COA officials and employees, the COA Chairman shall be authorized to
realign the amount of P4M from savings to constitute the AIP seed fund;

RESOLVED, FURTHERMORE, that this Commission shall ensure the long-term viability
of the AIP as one of the continuing priority personnel-benefit programs of the Commission
under certain conditions which the Commission Proper may hereafter prescribe;

RESOLVED, FINALLY, that the MAP Board of Trustees shall be authorized to design
and implement the AIP for all COA officials and employees.

This Resolution shall take effect 1 September 1995.

Adopted this 21st day of September, 1995.

(SGD.) CELSO D. GAÑGAN, Chairman

(SGD.) ROGELIO B. ESPIRITU, Commissioner
(SGD.) SOFRONIO B. URSAL, Commissioner