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Mid-Year Civil Servant Bonus 2019

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  #461 (permalink)  
Old 26-11-2019, 12:14 PM
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Civil servants to get year-end AVC of 1 month. Lower-wage civil servants to get minimum year-end AVC of $1,800.

The Ministry of Trade and Industry has forecasted that the economy will grow by 3.0% to 3.5% in 2018. The labour market continued to improve in the first half of 2018. Total employment grew, more job vacancies were available and retrenchments declined.

Against this backdrop and in close consultation with the public sector unions, civil servants will be paid a year-end Annual Variable Component (AVC) of 1 month. Lower-wage civil servants will get a minimum year-end AVC of $1,800. This signals the Government’s continued commitment to help lower-wage workers.

Around 1,380 civil servants will benefit from the minimum AVC payment of $1,800. For example, an officer earning a monthly salary of $1,500 will get a year-end AVC of $1,800. This is $300 more than what he would get at 1 month of his monthly salary (which would have been $1,500).

In July 2018, civil servants received a mid-year AVC of 0.5 months and a one-off lump sum payment of $300, with a higher lump sum of $500 for lower-wage civil servants in Grades IV and V of the Operations Support Scheme. Together with the mid-year AVC, civil servants will receive a full-year AVC of 1.5 months.

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

s://.psd.gov.sg/press-room/press-releases/civil-service-year-end-payment-2018

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  #462 (permalink)  
Old 26-11-2019, 12:15 PM
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Yr Mid End
19 0.45 xxx
18 0.5 1.0
17 0.5 1.0
16 0.45 0.5
15 0.5 0.65
14 0.5 0.8
13 0.4 1.1
12 0.3 0.7
11 0.5 0.75
10 0.5 1.0

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  #463 (permalink)  
Old 26-11-2019, 01:07 PM
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Quote:
Originally Posted by Unregistered View Post
Yr Mid End
19 0.45 xxx
18 0.5 1.0
17 0.5 1.0
16 0.45 0.5
15 0.5 0.65
14 0.5 0.8
13 0.4 1.1
12 0.3 0.7
11 0.5 0.75
10 0.5 1.0
This is good data. Here, added the GDP for comparison. Not sure how accurate.

Yr --- Mid --- End --- GDP
19 --- 0.45 -- ??? --- 0.5%-1%
18 --- 0.5 --- 1.0 --- 3.2%
17 --- 0.5 --- 1.0 --- 3.6%
16 --- 0.45 -- 0.5 --- 1.8%
15 --- 0.5 --- 0.65 -- 2%
14 --- 0.5 --- 0.8 --- 2.9%
13 --- 0.4 --- 1.1 --- 3.7%
12 --- 0.3 --- 0.7 --- 1.3%
11 --- 0.5 --- 0.75 -- 4.9%
10 --- 0.5 --- 1.0 --- 14.7%

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  #464 (permalink)  
Old 26-11-2019, 01:15 PM
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I'm hoping at least 0.5 months...
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  #465 (permalink)  
Old 26-11-2019, 01:18 PM
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Quote:
Originally Posted by pokimonred View Post
This is good data. Here, added the GDP for comparison. Not sure how accurate.

Yr --- Mid --- End --- GDP
19 --- 0.45 -- ??? --- 0.5%-1%
18 --- 0.5 --- 1.0 --- 3.2%
17 --- 0.5 --- 1.0 --- 3.6%
16 --- 0.45 -- 0.5 --- 1.8%
15 --- 0.5 --- 0.65 -- 2%
14 --- 0.5 --- 0.8 --- 2.9%
13 --- 0.4 --- 1.1 --- 3.7%
12 --- 0.3 --- 0.7 --- 1.3%
11 --- 0.5 --- 0.75 -- 4.9%
10 --- 0.5 --- 1.0 --- 14.7%
The numbers doesn't look good.
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  #466 (permalink)  
Old 26-11-2019, 02:04 PM
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Finally 0.6!!!!!
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  #467 (permalink)  
Old 26-11-2019, 02:14 PM
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So far never release on a tuesday before?
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  #468 (permalink)  
Old 26-11-2019, 02:27 PM
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Quote:
Originally Posted by Unregistered View Post
So far never release on a tuesday before?
this is when all of you will be in for an orgasmic surprise this year!!!! this is the bonus on top of the bonus!!!
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  #469 (permalink)  
Old 26-11-2019, 02:33 PM
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Ya the bonus will be served on a platter of chopped sausages.
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  #470 (permalink)  
Old 26-11-2019, 02:34 PM
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It's thanksgiving day!
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