G.R. No. 176985. April 1, 2013.
Petitioner Ricardo E. Vergara, Jr. was an employee of respondent Coca-Cola Bottlers Philippines, Inc. from May 1968 until he retired on January 31, 2002 as a District Sales Supervisor (DSS). As stipulated in Retirement Plan Rules and Regulations at the time, the Annual Performance Incentive Pay of DSS shall be considered in the computation of retirement benefits.
Petitioner filed a complaint before the NLRC for the payment of his “Full Retirement Benefits and Commission. He claims that respondent allegedly deducted illegally from his retirement package an amount of PhP496,016.67 and entitlement of additional PhP474,600.00 as Sales Management Incentives (SMI).
The management argued that Vergera did not qualify for the SMI thus he is not entitled to receive it as part of retirement pay.