THE mid-year bonus for government employees amounting to P31 billion will be released on Monday, the Department of Budget and Management (DBM) said Sunday.
In a statement, the DBM said it has already released to the various agencies the Special Allotment Release Order (SARO) for the government employees’ extra pay.
Based on the data on the number of filled positions in the Government Manpower Information System (GMIS), as of April 30, the mid-year bonus amounts to P31 billion.
The mid-year bonus is equivalent to one-month basic salary as of May 15. This is in accordance with President Benigno Aquino 3rd’s Executive Order No. 201 in February, and will be provided to all civilian, military, and uniformed personnel.
Based on Budget Circular 2016-3, the mid-year bonus shall be given not earlier than May 15.
To be entitled, an employee must have rendered at least a total or an aggregate of four months of service from July 1, 2015 to May 15, 2016, obtained at least a satisfactory performance rating in the immediately preceding period, and should still be in the service as of May 15.
“Those with less than four months of service, or those that are no longer in the service as of May 15, shall not be entitled to the bonus,” the DBM said.
Grants of mid-year bonuses in local government units (LGUs) are to be determined by the Sanggunian, subject to the personnel services limitations in LGU budgets.
They may also grant at lower rates but at uniform percentage of the basic monthly salary as of May 15, if funds are insufficient.
For government-owned and controlled corporations (GOCCs), the governing board shall determine the grant of the bonus charged against approved corporate operating budgets.
“If funds are insufficient, they may grant at lower rates but at uniform percentage of the basic monthly salary as of May 15,” the DMB said. CATHERINE S. VALENTE