GC Posted On: Nov 08, 2017

MANILA, Philippines – All qualified government employees will receive their yearend bonus starting Wednesday, November 15.

"Starting November 15, all qualified government employees will receive yearend bonus tax-free that is equivalent to their one month basic salary and a cash gift of P5,000," said Budget Secretary Benjamin Diokno on Wednesday, November 8.

However, since work has been suspended due to the 31st ASEAN Summit from November 13 to 15, Diokno said employees should expect their bonuses the following day.

"Makakaantay naman. (They can wait)," Diokno said.

Under Budget Circular Number 2016-4, "qualified" government employees are the following:

All positions for civilian personnel whether regular, contractural, or casual
Military personnel of the Armed Forces of the Philippines under the Department of National Defense
Uniformed personnel of the Philippine National Police, Philippine Public Safety College, Bureau of Fire Protection, Bureau of Jail Management and Penology, Philippine Coast Guard, and National Mapping and Resource Information Authority
Under the 2017 national budget, the budget department has allocated P32.84 billion for the yearend bonuses and P6.93 billion for cash gifts.

Share it Let Friends Know

Make A Reply Below!

Desired Name:


You Can Now Beautify Your Posts With
BBcodes || Smileys