EXECUTIVE ORDER NO. 74-A December 19, 1986

EXPANDING THE COVERAGE OF THE YEAR-END BONUS

WHEREAS, it is the desire of the Government to spread the joys of Christmas to as many of its employees as possible within the constraints of the limited financial resources of the government;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Republic of the Philippines, do hereby direct.

Sec. 1. Officials and employees of the National Government and government-owned or controlled corporations who have rendered less than four months of service from January 1, 1986 to October 31, 1986 shall be entitled solely to the following cash gift:

Length of Service

Amount

3 months but less than 4 months

P400.00

2 months but less than 3 months

300.00

1 month but less than 2 months

200.00

less than one months

100.00

Sec. 2. Officials and employees of local government units who have rendered the length of service provided for in the preceding section shall likewise be entitled to the prorated cash gift enumerated above, subject to the availability of locals funds.

Sec. 3. The Ministry of Budget and Management shall issue the implementing rules and regulations.

Sec. 4. This Executive Order shall take effect immediately .

Manila, December 19, 1986.


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