Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
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 Post Views: 2,768
A GABOTAF member asked:Hello! May query lang ako. Once na naprepare na ang Obligation Request and Status at naapprove na ito, pwede na ba i-recognize ng accounting ang accounts payable neto lalo na sa mga malakihang contracts dahil naobligate mo na sya? thankyou! ☺️ (cai)View Forum on GABOTAF Facebook Page Best Possible Responses No. Goods should be delivered, inspected and accepted or services should be rendered before recognizing accounts payable./agarcia Hindi po. AP in the books of accounts should be due and demandable, meaning, goods/services should have been delivered and accepted/rendered already. Obligations NYDD are technically not yet AP./dleya View...
Each qualified government employee is entitled to P6,000.00 of uniform and clothing allowance per year. Section 58 of the General Provisions of the Fiscal Year (FY) 2023 General Appropriations Act (GAA) provides that an amount not exceeding Six Thousand Pesos (P6,000) per annum is authorized for the payment of uniform and clothing allowance of each qualified government employee, subject to the guidelines, rules and regulations issued by the Department of Budget and Management (DBM). Section 58, General Provisions, FY 2023 GAA Post Views: 25,183
The Philippine Health Insurance Corporation (a.k.a PhilHealth) will abide by the directive of President Marcos Jr. to suspend the premium rate increase from 4.0% to 4.5% and the increase of income ceiling from P80,000 to P90,000 in CY 2023. In its Official Statement, PhilHealth says: “In a meeting held on January 04, 2023, the Board of Directors of the Philippine Health Insurance Corporation (PhilHealth) affirmed PhilHealth’s compliance with the directive from the President of the Philippines to suspend the premium rate increase from 4.0% to 4.5% and the increase of income ceiling from P80,000 to P90,000 in CY 2023.” As...
Good news to all job order and contract of service workers in the government! President Ferdinand R. Marcos Jr. has signed Administrative Order No. 3, s. 2022, authorizing the grant of gratuity pay for contract of service (COS) and job order (JO) government workers as a well-deserved recognition of their hard work. Under the said order, all workers in government whose services are engaged through COS and JO, who have rendered a total or an aggregate of at least (4) four months of actual satisfactory performance of service, as stipulated in their respective contracts, as of Dec. 15, 2022, and...
Legal Basis Administrative Order No. 1, s. 2022 — Authorizing the Grant of Service Recognition Incentive to Government Employees for FY 2022 Budget Circular No. 2022-4 — Guidelines on the Grant of Service Recognition Incentive to Government Employees for FY 2022 Who’s entitled to the SRI? The following government employees may be granted service recognition incentive (SRI) for CY 2022: NGAs and GOCCs exempted from the coverage of RA No. 6758, as amended, may also grant the SRI to their employees at a uniform rate to be determined by their governing boards or agency heads. How much is the SRI...
Good news to all government employees! President Ferdinand “Bongbong” Marcos Jr. has issued orders granting (not exceeding) P20,000.00 worth of service recognition incentive (SRI) and rice allowance to government employees. The service recognition incentive (SRI) will be a one-time grant at a uniform rate not exceeding P20,000 for employees in the executive department, it said. Those who are entitled to receive the incentive include civilian personnel in national government agencies (NGAs), covering those in state universities and colleges (SUCs), government-owned or controlled corporations (GOCCs), regular, contractual or casual employees, members of the military and the police, as well as fire...
Legal Basis The Department of Budget and Management issued Budget Circular No. 2022-3 to provide guidelines on the grant of collective negotiation agreement (CNA) incentive for CY 2022. The other legal bases on the grant of CNA incentives are the following: Agencies covered by the CNA incentive guidelines Budget Circular No. 2022-3 is applicable to the following government agencies: Government employees covered by the CNA incentive guidelines The following civilian personnel of the above-stated government agencies occupying regular, contractual, or casual positions rendering services on full-time or part-time basis may be granted CNA incentives: a. Rank-and-file employees who are members...
