What’s the status of your agency’s 2024 PBB processing?
MANILA, Philippines — Only two out of 315 government agencies have received their 2024 Performance-Based Bonus (PBB) funding, according to the Department of Budget and Management (DBM).
Based on its online tracker released on Nov. 6, the DBM has released the Special Allotment Release Order (SARO) on Oct. 29 for Central Luzon State University amounting to P24.39 million, and for Nueva Ecija University of Science and Technology worth P1.146 million.
It is now up to the two state universities to process the payment of PBB to their eligible officials and employees.
Article continues after this advertisement
Eighty-two percent of the agencies, or 258, are still “for validation,” including the Office of the President. Meanwhile, 51 have already submitted their Form 1.0, which lists qualified officials and employees for the PBB grant.
FEATURED STORIES
NEWSINFO
NEWSINFO
NEWSINFO
These agencies have been reported to be under compliance review and will only be validated through an issued final eligibility assessment.
READ: Gov’t workers to get bonus, cash gift
Meanwhile, 51 agencies have already submitted their Form 1.0, which lists qualified officials and employees for the PBB grant.
These agencies include the Office of the Vice President, 22 executive departments and their attached offices, the Presidential Communication Office, 22 state universities and colleges, and six other executive offices.
Article continues after this advertisement
The Department of Education submitted its Form 1.0 as early as Oct. 7, but it was returned by the DBM on Oct. 28 for revision.
The DBM is currently reviewing the submitted Form 1.0 of two state universities and one agency — Department of Labor and Employment, Palawan State University, and University of the Philippines System. The SAROs for their 2024 PBB funding shall be released once the Form 1.0 they submitted are verified to be correct.
Article continues after this advertisement
The latest update of DBM’s online 2024 PBB tracker as of Oct. 30 may be viewed here:
Eligible government workers are set to receive their 2024 PBB before the end of the year, with President Ferdinand Marcos Jr. ordering the release to be prioritized for teachers and personnel in public schools.
The PBB is a “top-up bonus” given to government employees—ranging from 45.5 percent to 65 percent of their monthly basic salary—based on their performance and contributions to the accomplishment of their department’s overall targets and commitments.
READ: Public school teachers, personnel may get 2024 bonus before December
The PBB is a “top-up bonus” given to government employees—ranging from 45.5 percent to 65 percent of their monthly basic salary—based on their performance and contributions to the accomplishment of their department’s overall targets and commitments.
Job order (JO) and contract of service (COS) employees, however, are not eligible for PBB and other standard government bonuses and incentives.
Government workers should receive their year-end bonus and P5,000 cash gift together with their first salary this November, with the DBM reminding agencies to release the benefits on schedule.
For the last two months of the year, each eligible government employee is also entitled to receive additional bonuses, amounting to as much as P55,000:
Your subscription could not be saved. Please try again.
Your subscription has been successful.
- Productivity Enhancement Incentive (PEI): a P5,000 cash incentive traditionally given starting mid-December;
- Service Recognition Incentive (SRI): a lump-sum bonus of up to P20,000, which depends on a formal directive or authority from the President, and paid not earlier than Dec. 15;
- Collective Negotiations Agreement (CNA) Incentive: incentive of up to P30,000 per employee, provided through agency savings and active CNA provisions, which is disbursed by December.
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.