The office of the undersecretary of the Department of Education is now preparing to process the Year-End Bonus and Cash Gift of all teaching and non-teaching personnel to be released non earlier than November 15, 2020, in accordance with to DBM Budget Circular 2016-4.
YEAR-END BONUS
One Month Basic Pay - Amount in GAA 2020: P22,713,927,000
Total Personnel in DepEd: 933,697
CASH GIFT
P5,000 Per Personnel - Amount in GAA 2020: P4,535,665,000
Total Personnel in DepEd: 933,697
Who are Eligible:
1. Personnel that has rendered at least a total or an aggregate of four (4) months of service from January 1 to October 31 of the current year, and;
Personnel who remains to be in the government service as of October 31 of the same year.
2. Those who have rendered at least four (4) months of service from January 1 of the current year but retired of the same year will be granted the YEB within the month of retirement or separation.
UPDATES on the release of Year-End Bonus and Cash Gift for Teaching and Non-Teaching Personnel
Reviewed by Anonymous
on
November 13, 2020
Rating:
No comments: