When to pay Loyalty Pay?
Good morning everyone. I would like to ask kung pwede na po bang bayaran ngayon ang loyalty pay??
Thanks in advance sa sasagot.
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
Good morning everyone. I would like to ask kung pwede na po bang bayaran ngayon ang loyalty pay??
Thanks in advance sa sasagot.
Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
How if the employee rendered 12 years of service but with 54 days of authorized leave with out pay, will the employee still have a chance to have a loyalty pay? if yes, when and how to compute for this ?
Please read CSC MC No. 06, s. of 2002, this the latest guidelines governing payment of loyalty award
Please refer to CSC MC 06, S. 2002: REVISED POLICIES ON THE GRANT OF LOYALTY AWARD for guidance.
As to release, that would depend on when the employee concerned is entitled to loyalty pay i.e., after 10 or 5 years, whichever is applicable.
As to whether it is allowed to release loyalty pay, in view of the pending approval of the FY 2019 GAA, we suggest you ask DBM if your budget for loyalty pay has already been released.