Rules on Year-end Bonus and Cash Gift Payment

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DBM BUDGET CIRCULAR NO. 2003-02: Rules on Year-end Bonus and Cash Gift Payment

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Title Source: Supreme Court: Rules on Year-end Bonus and Cash Gift Payment

Law: Dbm Budget Circular No. 2003-02

Decision Date: Jan 1, 2003

DBM Budget Circular No. 2003-02 liberalizes the payment rules for year-end bonuses and cash gifts for all government employees, allowing for advance payments and pro-rated shares based on months of service, effective January 1, 2003.

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