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DBM: Government personnel to receive year-end bonus, cash gift starting Nov 15

admin November 15, 2022

BUDGET and Management (DBM) Secretary Amenah F. Pangandaman confirmed that qualified government personnel are set to receive their year-end and cash gift bonus beginning November 15, 2022.

The total budget for the grant of the year-end bonus for qualified civilian and military/uniformed personnel in the different national government agencies is P56,733,480,000.

On the other hand, under the FY 2022 General Appropriations Act (GAA), the total appropriations for the grant of the cash gift is P8,619,540,000.

“The release of the year-end bonus and cash gift is provided naman po under our GAA for this year. For sure, many of our fellow government workers have been looking forward to this. We wish to remind our fellow government workers to budget and spend wisely, as what we would always promote here at the DBM,” Pangandaman said.

The rules and regulations on the grant of the year-end bonus and cash gift are provided under DBM Budget Circular (BC) No. 2016-4 dated April 28, 2016.

The year-end bonus is equivalent to one (1) month basic pay as of October 31 and the cash gift of P5,000 shall be given to qualified government personnel not earlier than November 15 of the current year.

The rules and regulations also specify that the year-end bonus and cash gift shall be given to qualified personnel, subject to the following conditions: personnel 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 remains to be in the government service as of October 31 of the same year.

Tags: cash gift dbm government personnel year end bonus

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Source: USD/PHP @ Thu, 7 May.

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