Privacy Notice

The Power Sector Assets & Liabilities Management Corporation (PSALM) is a Government-Owned and Controlled Corporation (GOCC), which manages the orderly sale, disposition and privatization of National Power Corporation’s assets with the objective of liquidating all its financial obligations. As we perform our mandate, we may process your personal data.

PSALM values the data privacy rights of all its data subjects and is committed to protecting your personal data. In this regard, PSALM will exercise utmost prudence in the collection, use, storage and disclosure of any personal data you provide in accordance with the Corporation’s Privacy Policy stated herein.

Rest assured that the protection of your data privacy is our commitment and paramount concern.

THIS PRIVACY NOTICE

This Privacy Notice is intended to inform you of how the corporation collects, uses, stores, discloses and protects your personal and sensitive personal information.

The words “personal data”, “personal information”, “sensitive personal information”, “processing of personal data” and other related terminologies in this Privacy Notice are used in the same context as they are found in the Data Privacy Act of 2012 (DPA) and all its related issuances (“Data Privacy Laws”).

WHAT ARE OUR BASES FOR PROCESSING YOUR PERSONAL DATA?

PSALM process your personal data only under circumstances allowed by the Data Privacy Act of 2012, such as when you give your consent, when required by law or contracts, specifically

WHAT DO WE COLLECT?

PSALM collects your personal information such as your name, address, contact information, employment history and financial records. PSALM also collects your sensitive personal information such as personal characteristics, health records, educational background and government issued identifiers only when necessary to fulfill our specified and legitimate purpose. Specifically,

HOW DO WE COLLECT YOUR PERSONAL DATA?

Most of the personal data we process is provided to us directly by you when you transact and interact or when you submit requirements for a work application. We may also collect your personal data from other sources such as our service providers for our health and wellness initiatives and other publicly available sources.

WHAT WE DO WITH THE INFORMATION WE GATHER?

We use your personal data to perform our mandate and provide you our services. For our employees, we use the personal data collected to facilitate employment related activities.

WHERE DO WE SHARE YOUR DATA?

We ensure that your personal data being shared to third parties only to the extent of the declared and specified purpose, which said personal data was collected for. Further, we will only share your personal data when allowed by the Data Privacy Laws, or upon obtaining your consent, when required.

HOW LONG DO WE STORE YOUR PERSONAL DATA?

We will retain your personal data only for period necessary for us to fulfill the purposes for which they were collected, such as to execute the terms and conditions of our contracts and/or to fulfill PSALM’s legitimate business interests. Your personal data may also be retained by PSALM for as long as required by applicable laws, rules or regulations such as those prescribed by the National Archives of the Philippines (NAP) under Republic Act 9470.

Upon the expiration of the retention period, or, should you withdraw your consent for PSALM to collect and process your personal data, upon our receipt of the notice of your withdrawal, we will destroy your personal information in a secure manner in accordance with our Record Retention Schedule, such as by shredding the physical records, deletion or anonymization of electronic data, or any other secure disposal methods allowed by relevant regulations.

HOW DO WE STORE YOUR PERSONAL DATA?

Your personal data in electronic form is securely stored in our on-premise data center. On the other hand, physical records are securely stored and kept within our office premises.

HOW DO WE SECURE YOUR PERSONAL DATA?

Despite the best security features, data processing always comes with risks. Security threats and incidents are now a question of “when” rather than an “if”.

A data breach may happen when there is a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to, personal data transmitted, stored, or otherwise processed.

PSALM implements reasonable and appropriate technical, physical and organizational security measures to protect personal data from these threats

WHAT ARE YOUR DATA SUBJECT RIGHTS?

Under the DPA, you have rights to be informed how your personal data is processed, object to the processing of your personal data, access, rectify or erase your personal data. To specify:

HOW TO EXERCISE YOUR DATA PRIVACY RIGHTS?

If you would like to exercise any of the mentioned rights, you may fill out this Data Subject Request Form and send the same via email to dpo@psalm.gov.ph.

If you have privacy concerns, has belief that your personal data has been breached or your rights as a data subject have been violated, you may contact our Data Protection Officer:

Name: Glenn B. Santos
Address: 24th Floor Vertis North Corporate Center 1,
Astra corner Lux Drives, North Avenue, Quezon City 1105
Email Address: dpo@psalm.gov.ph
Trunkline: (02) 7902-9091

LINK TO OTHER WEBSITES

When you use links and leave our website, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy notice. You should exercise caution and look at the privacy notice applicable to the website in question.

CHANGES TO THIS PRIVACY NOTICE

This privacy notice is under regular review to make sure it is up to date and accurate.

This notice, and any updates, amendments or supplements thereto is available here in our official website. Any changes to this privacy notice shall be posted here.

Version No.: 2.0
Effectivity Date: 17 August 2023

Version History:
Version No. and Date: Version 1.0 (22 August 2022)