Wednesday, December 19, 2007

Additional benefits/Extra Cash Gift for LGUs

The long wait is over. The DBM has just issued Local Budget Memorandum No. 54 authorizing the grant of additional benefits cum extra cash gift to LGU personnel. The LBM does not specify minimum or maximum amount but that it is charged to savings and subject to PS cap.

Sorry, folks our site is down so I have to post the LBM here. Just right click the image below and save in your PC or download a copy from the DBM CO site. Merry Christmas!

Monday, December 17, 2007

Guidelines on Performance bonus

For the benefit of the NGAs, a copy of Budget Circular No. 2007-4, the Guidelines on the Grant of P10,000 Performance Bonus (PerB) can be downloaded here.