P5.57B ALREADY RELEASED FOR ADD’L HOLIDAY PERKS OF TEACHERS; DBM SHARE FOR PEI OF NAT’L GOV’T EMPLOYEES FULLY RELEASED THIS WEEK


DBM Press Release, Thursday, December 16, 2010

P5.57B ALREADY RELEASED FOR ADD’L HOLIDAY PERKS OF TEACHERS; DBM SHARE FOR PEI OF NAT’L GOV’T EMPLOYEES FULLY RELEASED THIS WEEK

The Department of Budget and Management (DBM) has already released to the Department of Education (DepEd) a total of P5.57 billion representing the full P10,000 Performance Enhancement Incentive (PEI) of 556,971 DepEd school teachers, principals and employees.

DBM Secretary Florencio B. Abad also announced that by Friday (December 17), the DBM would have fully released the total P8-billion national government counterpart in the PEI for 1.16 million national government employees.

“This time around, our teachers will receive their PEI within the holiday season; unlike in the past when they received it late, like sometime before summer. We acknowledge DepEd for their work in ensuring the timely release of our teachers’ PEI,” he said.

DBM officials coordinated with their DepEd counterparts so that both agencies could simultaneously process their shares in PEI. Of the total P5.57 billion released to DepEd, P3.90 billion comes from the national government’s savings for the P7,000 share, and P1.67 billion comes from DepEd’s savings for the remaining P3,000.
Abad noted that of the national government counterpart in PEI for its employees, almost 49% of the P8-billion total amount is for DepEd’s teaching and non-teaching personnel.

President Benigno S. Aquino III issued Administrative Order (AO) No. 3 on November 25 that authorized the grant of a one-time PEI of P10,000 to government employees. For national government agencies, P7,000 will come from national government savings through the DBM, while P3,000 will come from the savings of the respective agencies. In the event that agencies do not have sufficient savings, they may partially grant their portion at a uniform rate.

Eligible for this PEI are employees hired on a permanent, temporary, casual or contractual status, excluding those who do not have employer-employee relationships such as consultants and those hired under job orders or contracts of service. They must still be active in service as of November 30 of this year. The full amount will be given to those who have rendered at least four months of service as of that date, while those with less will be given from 10% to 40%.

Meanwhile, PEI for employees in government corporations and in offices with fiscal autonomy, such as Congress and the Judiciary, will be charged from their available savings. The grant of PEI for local government employees may be determined by the Sanggunian of local governments, subject to their financial capability and the regulations in the Local Government Code.

Source:http://www.dbm.gov.ph/index.php?pid=3&nid=2128

DBM Budget Circular on Performance Enhancement Incentive

Source:by Act Teachers Partylist on Sunday, December 19, 2010 at 11:06pm

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