Civil servants to get year-end bonus of 1.1 months

November 22, 20139:45 am275 views
Civil servants to get year-end bonus of 1.1 months
Civil servants to get year-end bonus of 1.1 months

All civil servants will get a year-end Annual Variable Component (AVC) of 1.1 months and lower-wage officers will receive at least $1,600.

They will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December along with the AVC.

About 1,300 civil servants earning less than $1,460 will benefit from the minimum AVC payment of $1,600.

For example, an officer earning a monthly salary of $1,200 will get a year-end AVC of $1,600. This is $280 more than the $1,320 he would be getting at 1.1 months of his monthly salary.

The year-end AVC payment was decided in consultation with the public sector unions.

 

source: news.asiaone.com

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