In this post we discuss the basic guidelines on the grant of loyalty pay to government employees, including the required government service in order to receive a ₱10,000 worth incentive and whether the loyalty pay is taxable or not.
How long should you stay in the government to receive a ₱10,000 Loyalty Pay? Read More »
10 Interesting Facts you Need to Know about the Anniversary Bonus of Government Employees
10 Interesting Facts about the Grant of Anniversary Bonus to Government Employees Read More »
If one or all of these Bills become a law, the PERA will increase from ₱2,000 to ₱4,000 or higher.
Learn 3 compelling reasons why an insurance for the properties of the government is important. Learn also the guidelines on acquiring GSIS insurance for the properties of the government.
In this post we discuss the updated list of documentary requirements for common government transactions as provided under COA Circular No. 2023-004 which update COA Circular No. 2012-001.
COA’s Updated List of Documentary Requirements for Government Transactions Read More »
The most common measure of absorptive capacity is the budget utilization rate (BUR) which may be computed as obligation rate or disbursement rate. What is Obligation Rate? Obligation rate is used to measure the ability of the agency to utilize (use/spend) the allotment or obligational authority made available by the Department of Budget and Management
Budgeting 101: What is Budget Utilization Rate (BUR)? Read More »
An item of appropriation refers to an amount appropriated in the General Appropriations Act (GAA) for a program, activity or project. In the case of programs with several activities, the item of appropriation shall refer to each of the activity. Department of Budget and Management Example of an “item of appropriation” Below is a screenshot
Budgeting 101: What is an “item of appropriation”? Read More »
What is a PAP? A program, project or activity (PAP) is any work process or group of work processes undertaken to realize the outputs and outcomes of an agency. This is represented by an item of appropriation in the national budget. Department of Budget and Management (DBM) Simply put, PAP pertains to what the government
Budgeting 101: What is a Program, Project, or Activity (PAP)? Read More »
What is absorptive capacity? In simple terms, absorptive capacity, as used in public financial management, refers to the ability of government agencies to utilize or use the resources (e.g., government funds) made available to them. [1][2][3] One example of resource available to government agencies is their annual budget under pertinent appropriations act. Absorptive capacity means
Budgeting 101: What is absorptive capacity? Read More »
The net take home pay of government employees is computed as: monthly salary + personal economic relief allowance (PERA) – authorized deductions as provided in the general provisions of pertinent General Appropriations Act (GAA). View Forum on this topic on Facebook
How to compute the net take home pay of government employees? Read More »
