PHILIPPINE National Police (PNP) Officer-in-charge, Police Lieutenant General Vicente Danao Jr. is happy to announce the release of P7,321,377,087 allocated for the mid-year bonus of some 222,787 PNP personnel.
“The dedicated funds are from the regular PNP appropriations itemized under the organization’s budget this year,” Danao said. The mid-year bonus is given annually and is part of the PNP’s budget every year.
PNP Finance Service Director, BGen. Jose Melencio Nartatez Jr. said that PNP personnel will receive the bonus this May 17 through their ATM Payroll Accounts enrolled with the Landbank of the Philippines.
The amount to be given to each personnel will be equivalent to a month base salary.
Pursuant to the Tax Reform Accelaration and Inclusion (TRAIN) law, any pay that will exceed P90,000 will be subjected to withholding tax.
“This financial benefit is one of the many ways to recognize the dedication and hardwork of our men and women at the PNP. While it is true that our service to the country is priceless, the government finds it fitting to provide its employees with incentives on top of their regular salaries,” Danao said. The mid-year bonus is given annually
However, Danao stressed that those personnel who were found guilty of administrative and/or criminal cases by final and executory judgment for fiscal year 2022 shall not be entitled to the mid-year bonus.
metrosundaily
