A November 28, 2011 press release from the Department of Budget and Management
Abad: Distribution of P27.82-B year-end bonus ongoing until November 30
The Department of Budget and Management (DBM) has proposed to President Benigno S. Aquino III an additional holiday bonus of P10,000 to 1.67 million government personnel in the form of a Productivity Enhancement Incentive (PEI).
Secretary Florencio B. Abad said that this proposal will cost P11.68 billion in total. This is on top of half of the regular year-end bonus—in the form of half of the 13thmonth pay and cash gift of P5,000—which is already being given to government employees starting November 15 up to 30.
“Our improved expenditure and deficit management will allow the national government to authorize the grant of additional bonus to government personnel on top of what they regularly receive,” he said. He noted that the total year-end bonus amounts to P27.82 billion, and half of which has earlier been released to employees in May as midyear bonus.
Abad noted that a proof of a stable fiscal situation, the national government will shoulder in full the P10,000 PEI. The past practice was that P7,000 would come from the national government while up to P3,000 would come from the savings of respective agencies.
“Under this policy, there are agencies who cannot provide their P3,000 share in full or in part, to their employees due to insufficient savings. To be fair to all employees, we are proposing that the full P10,000 will be given to them through the national government,” he said.
He added that this new policy will prevent agencies from artificially generating savings, at the expense of the programs and projects they are implementing, to finance their share of PEI.
Under the proposed administrative order submitted to the President, employees in the Executive Branch, including those in government-owned or controlled corporations and financial institutions (GOCCs & GFIs) will be granted a one-time PEI of P10,000 each.
Eligible for the PEI are employees hired on a permanent, temporary, casual or contractual status, and still active in the service as of November 30 of this year. The full amount will be given for those who have rendered at least four months of service as of that date. For GOCCs and GFIs, the amount will be charged against the savings of these government firms, whether in full or partial depending on their sufficiency of funds.
Meanwhile, employees in the Legislative and Judicial Branches, as well as from other offices with fiscal autonomy, may be granted at rates not exceeding P10,000, and chargeable to their respective available savings. The grant of the said PEI for employees in Local Government Units (LGUs) may be determined by the sanggunian depending on an LGU’s financial capability and subject to the Personal Services limitation in the Local Government Code.
Stay up to date with your government.Subscribe Now
Stay up to date with your government.
Subscribe to Daylight, a weekly newsletter that features good news about the Philippines and Filipinos.
After signing up, you will receive a confirmation email that you will need to click through to confirm your subscription.×
Share on social media
More from the Briefing Room
- DSWD extends P1.2-B worth of Yolanda aid to Tacloban City
- DOH-MIMAROPA holds misting and disinfection operations in Calapan Port
- Statement: The Presidential Spokesperson on the passing of former Secretary of Health and Senator Juan Flavier
- Infographic: Mga paalala para sa Undas 2014
- Oplan Ligtas Biyahe: Undas 2014
- Statement: The Secretary of Tourism on the Iloilo Convention Center