When is the release date of 13th month pay as per law and what about for the government employees?
13TH MONTH PAY – Here are some of the things you might want to know about the 13th month pay for government employees and release date.
For people of the working sector, the 13th month benefit is something that they are looking forward every December. This an additional pay for them which is equivalent to their one month salary. Also, some companies, aside from the pay, give Christmas bonus.
(See also: Here Are Some Tips on How To Compute Your 13th Month)
As per law, this is also a help to people to have something for their table as they celebrate Christmas. Now, when is the releasing date? Pursuant to Presidential Decree No. 851, it should be given to employees not later than December 24.
(See also: 13th Month 2020 Guidelines To Resigned Or Terminated Employees)
As for the government employees, palace ensured that will be given this year’s benefit and based on Salary Standardization Law, the yearend bonus of the government workers will be released by the month of November.
Rep. Mike Defensor of party-list Anakalusugan, chairman of the public accounts committee of the House of Representatives also added that aside from the Christmas bonus, there will also be an additional of Php 5,000.00 cash gift. This is accordingly stated in National Budget Circular 579.
The highest paid official in the country, President Rodrigo Duterte, receives Php 407,734.00 this year. If funds will be available, the giving may start on November 15. Also, the Department of Labor and Employment stated that the distressed companies hit by pandemic must still give the monetary benefit to their employees.
READ ALSO:
- 13th Month vs. Christmas Bonus: Are They Given Out As One Or Not?
- Employers Cannot Defer the Release of 13th Month – Spox Roque
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