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Bilyonaryo - Business

Appreciating public service: Marcos government sets aside P69.4 billion for year-end bonuses, cash gifts

  • November 15, 2023
  • Bilyonaryo.com

The Department of Budget and Management (DBM) has announced the allocation of P69.4 billion for the year-end bonus and cash gift to eligible government personnel.

Qualified government employees will receive a year-end bonus, equivalent to one month of basic pay as of October 31, along with a P5,000 cash gift, to be distributed no earlier than November 15 of the current year.

To be eligible, government workers must have rendered at least four months of service from January to October and must still be in government service as of October 31.

“This serves as a well-deserved token of appreciation for our government workers, the unsung heroes who consistently go the extra mile and dedicate extended work hours out of their deep commitment to public service,” Budget Secretary Amenah Pangandaman said.

  • Related News Tags: Budget Secretary Amenah Pangandaman, cash gift, Department of Budget and Management (DBM), Government, Marcos government

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