MANILA, Philippines – State workers got their mid-year bonuses and cash gifts on Tuesday, May 15, in time for school enrollment, the budget chief announced.
The bonus represents half of this year’s 13 month pay (equivalent to a month’s worth of salary), while the cash gift worth P5,000 is also half of the amount given government workers annually.
“The schedule for the bonus isn’t coincidental. It’s timed so that employees receive a cash boost in the middle of the year, when tuition fees are due and households are gearing up for the rainy season ahead,” Budget Secretary Florencio Abad said in a statement.
A total of P20.6 billion was allotted for the bonuses and incentives of all government departments and agencies under the 2012 national budget. Only employees who have rendered service for at least four months from January 1 to April 30 this year will receive the mid-year bonus. The other half of the bonus and the cash gift will be distributed by year-end.
Eligible to receive bonuses are agency employees; civilian, military and uniformed personnel; barangay officials and workers; employees of the state universities and colleges, local government units, government-owned and -controlled corporations, and government financial institutions. – Rappler.com