Government Workers Will Get Cash Gift and Year-End Bonus Beginning November 16, 2017


The Department of Budget and Management (DBM) through Secretary Benjamin Diokno said on Wednesday that government workers will get a cash gift and a year-end bonus beginning this month of November or starting on November 16, 2017.



Secretary Benjamin Diokno revealed that the DBM has earmarked P6.93 billion for the cash gifts and P32.84 billion for the year-end bonuses under the 2017 budget.

The DBM Secretary was quoted as saying "Starting November 15, all qualified government employees will receive year-end bonus tax free that is equivalent to their one month basic salary," Sec. Diokno said during a breakfast forum in Pasig City.

Sec. Diokno also noted that apart from the year-end bonus, each state worker will also get a P5,000 cash gift. The DBM also clarified that th release of bonuss and cash gifts will actually start on November 16 as the 15th is a non-working day in light of the 31st ASEAN Summit.

Eligible to receive the bonus and cash gift are government personnel who have rendered at least four months of service, including leaves of absence with pay from January 1 to October 31, and are still employed as of October 31.

The bonuses and cash gifts are subject to the guidelines issued by the Department of Budget and Management and Budget Circular No. 2016-4, Diokno said.

Source: PNA / DBM


Government Workers Will Get Cash Gift and Year-End Bonus Beginning November 16, 2017 Government Workers Will Get Cash Gift and Year-End Bonus Beginning November 16, 2017 Reviewed by Phil Newsome on 11/09/2017 Rating: 5

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