Rules on Monetization of Earned Sick Leave Credits
This forum discusses the rules on monetizing earned sick leave credits of government employees.
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
This forum discusses the rules on monetizing earned sick leave credits of government employees.
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 =...
This forum contains all discussion about monetization of leave credits.
This forum contains the discussions about monetization of leave credits.
Sender: Good day po. Just to clarify about leave of absence. Sa agency po kasi namin, not sure if sa division lang po namin, nawala po saysay ng klase ng leaves. Sabi po pag sa araw ng pasok na mag leave po SL lang daw po pwede tapos pag WFH ang pwedeng i file is VL/FL/SPL. Kahit po mag vacation ka sa araw ng pasok mo is SL pa rin daw po ang i file. May guidelines/memo po ba tungkol dto ang CSC? Thank you po sa mga sagot. Join the forum in our Facebook Page: Click the (…) to...
The Department of Budget and Management (DBM) issued its latest policy on processing of requests for monetization of leave credits.
[ad_1] Question: Good day po. I just want to ask if may separation pay po ba sa govt when an an employee opt to resign? Napansin ko lang po kasi sa agency namin kapag nagresign terminal leave benefits lang ang claims (remaining leave credits upon resignation). Yun na po ba ung separation pay? More forums concerning #TerminalLeaveBenefits: https://gabotaf.com/tag/terminal-leave-benefits/ Answers | Comments [ad_2] Post Views: 810
Question/Topic: I have another question is it ok to monetize leave credits right after a promotion wherein my salary almost doubled? Thanks. Join the Forum View Answers via our Facebook Page Post Views: 1,675
Q: Question, my mom is about to retire as Teacher and she has a 100 plus vacation service credit, is it possible to monetize the said service credits as her terminal leave benefits? She was previously advised to just use the remaining leave credits because the deped does not monetize leave credits of teachers. Any advice po from colleages in the deped? TIA Post Views: 3,832