MANILA -- Speaker Feliciano Belmonte Jr. yuesterday vowed to immediately enact into law the proposed Php226 billion four-year “Salary Standardization Law of 2015,” which offers 14th month pay for 1.53 million state workers and officials on the first year of implementation in 2016.
“We will study and pass it in time for 2016 implementation because we believe that this is a very important measure that will provide economic relief to our state workers,” Belmonte said in an interview on the proposed law.
On top of the 14th month pay, the average lowest increase in the first year of implementation is almost P500 monthly under Salary Grade 1, or from the present P9,000, to P9,478 during the first year and will reach P11,068 in the fourth year.
On the first year of implementation, the President's salary is P160,924 and almost P400,000 in the fourth year under Salary Grade 33.
Belmonte, House Majority Leader and Mandaluyong City Rep. Neptali “Boyet” Gonzales II, Davao City Rep. Isidro Ungab, who chairs the House committee on appropriations, House Minority Leader and San Juan City Rep. Ronaldo Zamora, and Romblon Rep. Eleandro Jesus “Budoy” Madrona, who chairs the House committee on accounts, vowed to file the bill that Budget Sec. Florencio “Butch” Abad Jr. submitted to the House of Representatives Monday.
Read more : Visayan Daily Star
Read more : Visayan Daily Star
