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    CSC DBM Circular No2 97

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    Van Caz
    This document is a joint circular from the Civil Service Commission and Department of Budget and Management that amends rules regarding the monetization of leave credits for government officials and employees. It allows officials and employees to monetize a maximum of 30 days of vacation leave per year, as long as they have at least 5 days remaining. It also gives preference to employees below salary grade 19 in availing of this privilege. The circular takes effect immediately upon signing.

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    CSC DBM Circular No2 97

    Uploaded by

    Van Caz
    75 views2 pages
    This document is a joint circular from the Civil Service Commission and Department of Budget and Management that amends rules regarding the monetization of leave credits for government officials and employees. It allows officials and employees to monetize a maximum of 30 days of vacation leave per year, as long as they have at least 5 days remaining. It also gives preference to employees below salary grade 19 in availing of this privilege. The circular takes effect immediately upon signing.

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    Csc Dbm Circular No2 97

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    This document is a joint circular from the Civil Service Commission and Department of Budget and Management that amends rules regarding the monetization of leave credits for government officials and employees. It allows officials and employees to monetize a maximum of 30 days of vacation leave per year, as long as they have at least 5 days remaining. It also gives preference to employees below salary grade 19 in availing of this privilege. The circular takes effect immediately upon signing.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    75 views2 pages

    CSC DBM Circular No2 97

    Uploaded by

    Van Caz
    This document is a joint circular from the Civil Service Commission and Department of Budget and Management that amends rules regarding the monetization of leave credits for government officials and employees. It allows officials and employees to monetize a maximum of 30 days of vacation leave per year, as long as they have at least 5 days remaining. It also gives preference to employees below salary grade 19 in availing of this privilege. The circular takes effect immediately upon signing.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    CIVIL SERVICE COMMISSION

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    DEPARTMENT

    OF BUDGET AND MANAGEMENT

    JOINT CIRCULAR

    ~June

    NO. 2-97

    1997

    AMENDATORY RULES AND REGULATIONS GOVERNING THE


    MONETIZATION
    OF LEAVE CREDITS OF GOVERNMENT
    OFFICIALS AND EMPLOYEES
    ..

    The following rules and regulations are beiug promulgated and


    adopted to amend Rules IV and VI of Joint CSC-DBM Circular No. II s.
    1991, governing the monetization of leave credits of government officials
    and employees:
    '

    Rule IV.

    fj

    Monetization

    of LeavtifSewice

    Credits

    Section 1. Officials and employees in the career and non-career


    service, whether permanent, provisional, temporary or c~sual, shall be
    allowed to monetize a maximum of thirtY (30) days vacation
    leave/ service creditsl subject to the following conditions:
    1.

    There shall remain five (5) days vacation


    credits after ~onetization; and

    2.

    Said official or employee has accumulated no less than


    fifteen (15)' days vacation leave/service credits, in which
    case he can monetize no more th~ ten (~O)days.

    leave/service

    Section 2. The monetization of leave credits shall be availed of


    only once a year. However, for 1997, an official or employee who has
    already monetized ten (10) working days in accordance with Joint CSCDBM Circular No. I, s. 19911may be allowed to monetize the balance of
    twenty .(20) working days provided there shall remain no less than five
    (5) days leave to his credit after monetizatio.n.
    Section 3. An official or employee who availed of this privilege
    shall still go on five (5) days forced leave, subject to the provisions of

    ~,:I

    Executive Order No. 1077 dated January 9, 1986 and its implementing
    rules and regulations.
    Rule VI.

    Funding and Effectivity

    Section 1. Funding.

    Funding for the implementation of the


    monetization of vacation leave/ service credits shall be charged against
    any savings of the department, agency, government-owned/ -controlled
    corporation or local government unit concerned. For purposes of this
    Circular, "savings" is as defined under Section 54 (Meaning of Savings
    and Augmentation), General Provisions, FY 1997 General Appropriations
    Act.
    In the utilization
    of savings, agencies shall give priority to the
    augmentation
    of the items enumerated under, Sections 55 (Priority in the
    Use of Savings) and 56 (Use of Savings for the Implementation
    of the
    Magna Carta of Public Health Workers), General Provisions, FY 1997
    GAA. Employees holding positions below salary grade 19 shall be given
    preference in the availment of this privilege.

    Section 2.
    immediately.

    tI

    Effectivity.

    C~A~.~
    Chairman

    This Joint Circular shall take effect

    s~J~~ZJlL
    Secr;;---~

    ..

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