MANILA, Jan. 30 — On April 30 of each year, government employees should submit a Statement of Assets, Liabilities, and Net Worth, more commonly known as SALN.
Republic Act No. 6713 or the Code of Conduct and Ethical Standards for Public Officials and Employees requires public officials and employees to declare under oath their assets, liabilities, net worth, and financial and business interests as of December 31 of the preceding calendar year.
Civil Service Commission (CSC) Chairman Francisco T. Duque III urged civil servants to begin accomplishing the form as early as now.
Start early so that you can fill out your SALN correctly and completely. This gives you ample time to review the completeness and accuracy of your declarations before the deadline, he said.
Filers shall use the prescribed form, SALN Form Revised 2013, downloadable from the CSC website www.csc.gov.ph. Guidelines are also available to aid public servants in accomplishing the form.
Declarations in the SALN shall have the following data: basic information, assets (real and personal properties), liabilities, net worth, financial connections and business interests, and relatives in government.
Spouses who are both in government shall have the option to file their SALN either jointly or separately.
Real properties refer to properties which are immovable by nature (i.e. house and lot, land, building, condominium unit).
Declaration of real properties shall include its description, kind, location, year and mode of acquisition, assessed value, current fair market value, acquisition cost, as well as improvements to the said properties.
Personal properties, on the other hand, refer to jewelry, appliances, furniture, motor vehicles, investments or other assets such as cash on hand, cash in bank, negotiable instruments, securities, stocks, bonds, and the like.
Declaration of personal properties shall include description, mode, year, and cost of acquisition, or the value or amount of said personal properties.
Liability refers to financial liability or anything that can result to a transfer or disposal of an asset. This includes those incurred by the declarant and also those of his/her spouse and unmarried children below 18 years old living in his/her household.
The outstanding balance shall refer to the amount of money that is still due as of December 31 of the preceding calendar year.
Net worth is the sum of all assets (real and personal) less total liabilities. In computing ones net worth, add the acquisition cost of all real properties and the acquisition cost or amount/value of money of all personal properties, then subtract the total liabilities.
Business interests refer to declarants existing interest in any business enterprise or entity, aside from his/her income from government. This shall include those of his/her spouses and unmarried childrens (below 18 years old and living in his/her household).
Financial connections refer to declarants existing connections with any business enterprise or entity, whether as a consultant, adviser and the like, with an expectation of remuneration for services rendered. Declaration shall include his/her spouses and unmarried childrens (below 18 years old and living in his/her household) financial connections.
The declarant shall also disclose his/her relatives working in government within the fourth civil degree of relationship, either by consanguinity or affinity.
Consanguinity refers to the relationship by blood from the same stock or common ancestor, while affinity refers to the relationship of a husband to the blood relatives of his wife, or a wife to the blood relatives of her husband.
Relatives in the fourth degree of consanguinity include the declarants first cousin.
Declarant should also declare his/her bilas (brother-in-laws wife or sister-in-laws husband), inso (wife of an elder brother or male cousin), and balae (parent of the declarants son-in-law or daughter-in-law) in government.
Failure of any public official or employee to submit his/her SALN and/or failure to disclose or misdeclaration of any asset, liability, business interest, financial connection, and relative in the government in his/her SALN shall be punishable by law under RA 6713.
We always say Public office is a public trust. This piece of document we call SALN should be taken seriously as this is our declaration of transparency and accountability, Chairman Duque said.
Tayong mga lingkod bayan ay may pananagutan sa publiko. Gawin natin nang kumpleto at tama ang SALN, he added. (PNA)