By Joann Santiago
The Department of Budget and Management (DMB) has fully released the P11.5 billion allocated for the Productivity Enhancement Incentive (PEI) bonus of all government workers.
DBM Secretary Florencio Abad said the funds had been disbursed to all the various government agencies and departments, including state universities and colleges.
“Agencies are now responsible for distributing the PEI to their employees in a timely manner,” he said.
Abad said that they had earlier “allowed agencies to use their existing cash so they can pay their employees’ PEI in a timely manner.”
“I also like to note that there are a number of instances where agencies have refused the additional release from DBM because they still have sufficient funds to use,” he said.
President Benigno S. Aquino III issued Administrative Order No. 24 which authorizes the grant of the P10,000 PEI to qualified government employees.
Abad said that the National Government (NG) shouldered the full amount of the bonus contrary to previous years wherein the various agencies and departments are required to have a counterpart fund.
Employees holding a regular, casual or contractual positions and who are still in service up to November 30, 2011 are qualified to receive the bonus.
Abad said bonus of employees of government-owned or controlled corporations (GOCCs) and government financial institutions (GFIs) will be charged against the savings of their respective entities whether in full or partial depending on their sufficiency of funds.
He also said that employees in the Legislative and Judicial Branches and those from other offices with fiscal autonomy “may be granted at rates not exceeding P10,000, and chargeable against their respective savings.”