Watch It is again the time of the year where government employees will receive their well deserved year end bonus and cash gift. That is why it is but wise to learn again the guidelines so that we will all be guided, well so that we could avoid possible adverse audit findings from the Commission on Audit. 📚 Legal Basis Below are the existing legal bases for the grant of year end bonus to government employees: Budget Circular No. 2016-4 dated April 28, 2016 — Updated Rules and Regulations on the Grant of the Year End Bonus and Cash Gift...
Purpose The Department of Budget and Management issued National Budget Circular (NBC) No. 563 in 2016 to update the guidelines and the allowable cost of participation of government officials and employees in conventions, seminars, conferences, symposia, and other similar gatherings, prescribed under National Budget Circular (NBC) No. 442 dated March 29, 1992 and NBC No. 486 dated March 26, 2003. Applicability NBC No. 563 covers the following government sectors: 🙋♀️🙋 National Government Agencies (NGAs) 🙋♀️🙋 State Universities and Colleges (SUCs) 🙋♀️🙋 Government-owned or Controlled Corporations (GOCCs) 🙋♀️🙋 Local Government Units (LGUs) Key Provisions 💡 Government officials and employees may be...
Question/Topic: A national government employee, SG 19 (P49,835.00) requested to monetize his 30 days leave credits. The agency Accountant certified that there is available Personnel Services allotment to cover the request and the agency head approved the payment of the same. How much will the employee receive for his monetized leave credits? Answer The formula to compute monetization of leave credits can be found in Budget Circular No. 2016-2 dated March 29, 2016 re: Computation and Funding of Terminal Leave Benefits and Monetization of Leave Credits (MLC). The formula is: MLC = S x D x CF Where: MLC =...
Watch 📚 Legal Basis Below are the existing legal bases for the grant of year end bonus to government employees: Budget Circular No. 2016-4 dated April 28, 2016 — Updated Rules and Regulations on the Grant of the Year End Bonus and Cash Gift for FY 2016 and Years Thereafter Pertinent provision of the CY 2022 General Appropriations Act Executive Order No. 201, s. 2016 — Modifying the Salary Schedule for Civilian Government Personnel and Authorizing the Grant of Additional Benefits for Both Civilian and Military and Uniformed Personnel ••• [ad_1] ••• What is year end bonus? Year End Bonus...
📚 Legal Basis Below are the existing legal bases for the grant of cash gift to government employees: Budget Circular No. 2016-4 dated April 28, 2016 — Updated Rules and Regulations on the Grant of the Year End Bonus and Cash Gift for FY 2016 and Years Thereafter Pertinent provision of the CY 2022 General Appropriations Act Executive Order No. 201, s. 2016 — Modifying the Salary Schedule for Civilian Government Personnel and Authorizing the Grant of Additional Benefits for Both Civilian and Military and Uniformed Personnel ••• [ad_1] ••• What is cash gift? Cash gift is a monetary benefit...
… Sender: Acting Budget Officer po ako ng isang National Government Agency. Wala po akong alam. Ano po ang mga pinakaimportanteng budget circulars na pwede ko pong basahin? Click here to join our Facebook Group and get full access to answers and comments to this question. Note: You may view some of the comments/answers to this question below. Post Views: 1,168
Sender: Kindly enlighten me about the difference between realignment, reprogramming and augmentation of funds. Is it allowed to reprogram funds from savings of CO to MOOE and vice versa thru supplemental budget? See the comments section below for the responses to this question. Visit our Facebook Group to get full access to answers and comments to this question. Post Views: 3,041
No. Barangay officials are not entitled to uniform and clothing allowance. Barangay officials are likewise not entitled to representation allowance and transportation allowance (RATA), Personnel Economic Relief Allowance (PERA), and other forms of remuneration other than the honoraria and the cash gift at the rate duly authorized by law. Reference: Department of Budget and Management Post Views: 2,851
