Gov’t workers to get Christmas reward, cash gifts begins on Nov 15

Gov’t workers to get Christmas reward, cash gifts begins on Nov 15

Gov't workers to get Christmas reward, cash gifts begins on Nov 15

Gov’t workers to get Christmas reward, cash gifts begins on Nov 15

Government employees nationwide will receive their 14th month pay or Christmas bonus and cash gift starting November 15, Budget Secretary Benjamin Diokno said Wednesday.

“In the spirit of the upcoming Christmas season, government workers nationwide will receive their 14th pay and cash gift starting tomorrow, November 15,” Diokno said in a press conference.

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The year-end bonus is equivalent to a full month’s salary, while the cash gift amounts to P5,000, Diokno said.

The Budget chief also noted that the 14th month pay and other benefits should be exempt from tax, provided that it does not exceed ₱90,000.

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Productive incentives

“The 13th month pay and other benefits, including productive incentives and Christmas bonuses, are exempted from tax if they do not exceed ₱90,000, according to Republic Act 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law,” Diokno explained.

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The release of the 14th month pay and cash gift is pursuant to Budget Circular No. 2016-4, which mandates that the said incentives be released not earlier than November 15.

The individuals who are qualified to get the motivators are government representatives in administration as of October 31 with a sum of four months of administration since the start of 2018.

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Long stretch of retirement

Then, the individuals who have resigned or isolated from the taxpayer-supported organization before October 31 and have rendered four months of administration will be allowed a professional appraised year-end reward and money blessing, inside the long stretch of retirement or division.

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Over these rewards, government representatives will likewise get their Productivity Enhancement Incentive, which will be discharged beginning December 15, Diokno said.

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