SgBlogs.com

27 Nov '17, 9am

All civil servants will get a grand total of 2.5 months bonus this year....

All civil servants will get a total of 2 months of bonus at this year end, according to this PSD press release . Civil servants to get year-end AVC of 1 month. Lower-wage civil servants to get minimum year-end AVC of $1,800. This bonus consists of the standard one-month NPAA (which is commonly called the “13th month bonus”) and 1 month of AVC. Both the Non-Pensionable Annual Allowance (NPAA) and Annual Variable Component (AVC) will be paid in December. This year’s bonus also has a minimum AVC payment for low-wage civil servants, set at $1,800. This means low-wage officers will get at least $1,800 for their year-end AVC. If you include this year’s mid-year bonus of 0.5 month, all civil servants will be getting a grand total bonus of 2.5 months for the entire 2017. This is 0.55 month more than last year’s grand total bonus of 1.95 months , which in turn was 0.2 month less th...

Full article: http://www.salary.sg/2017/civil-servant-bonus-2017-year-end/

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