Civil servants to get year-end bonus of 0.7 month

[RadX]

Not bad.,....COE sure huat ah

 

 

SINGAPORE: Civil servants will get a year-end Annual Variable Component (AVC) of 0.7 month.

 

Lower-wage officers will get an AVC of at least S$1,000, signalling the government's continued commitment to help low-wage workers.

 

The Public Service Division in the Prime Minister's Office announced the bonus in a statement on Thursday.

 

The statement said the bonus amount was decided against the backdrop of a "more subdued global economic outlook".

 

It said: "Singapore's economic growth is expected to remain subdued for the rest of 2012, with the economy expected to grow by around 1.5%.

 

"The electronics manufacturing cluster would continue to be weighed down by tepid external demand. On the other hand, expansion in the construction sector could provide modest growth support to the overall economy.

 

"In addition, growth may be slightly lower than forecast if the weakness in the externally-oriented sectors persists into the final quarter of 2012."

 

The year-end AVC payment was decided in consultation with the unions.

 

Some 2,000 civil servants earning less than S$1,430 will benefit from the minimum AVC payment of S$1,000. For example, an officer drawing a monthly salary of S$1,200 will get a year-end AVC of S$1,000, instead of S$840 based on 0.7 month of his salary.

 

About 96% of these 2,000 civil servants are Division IV officers.

 

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

 

- CNA/ir

[Wt_know]

huat ah !!! xmas comes early

Edited November 22, 2012 by Wt_know

[Dfx16]

The Variable Bonus is on top and above AWS ?

[Mockngbrd]

i love cb

[Watwheels]

LOL... I'm watching the ch8 news. It says 1.7months.

[Gitanic]

1+0.7 mths.Dat's 30-40k for some people.

[ER-3682]

1+0.7 mths.Dat's 30-40k for some people.

For Ministers even MORE.!At least $150k.!

[Gee]

1+0.7 mths.Dat's 30-40k for some people.

 

Overheard used to be 7-8 mths bonus...

[Nullifi3d]

So moral of the story? Don't park without putting coupons, don't park at non-designated parking areas, watch your speed limits, don't get caught with illegal modifications, don't litter, don't smoke at non-smoking areas... etc.

 

Don't contribute to their bonuses. Heehee.

[Fcw75]

So moral of the story? Don't park without putting coupons, don't park at non-designated parking areas, watch your speed limits, don't get caught with illegal modifications, don't litter, don't smoke at non-smoking areas... etc.

 

Don't contribute to their bonuses. Heehee.

 

Just follow Law!

[Juzzme]

The real bonuses for civil servants come from performance bonuses in Apr. For the superscalers n elite admin service, its a very substantial amt compared to the rank & file officers.

[AnimalFarm]

ministars already getting 20+ months of bonus in a year.

so what's new?

[Tarzan666]

Yeah...real money for them comes in PB...since its confidential..no 1 knows how much these people get..

 

those mid year, final year cannot give too much...as its publicly known & given out to more people.

[Newdrive]

knn... i want to join civil service liao

[Joseph22]

Yeah...real money for them comes in PB...since its confidential..no 1 knows how much these people get..

 

those mid year, final year cannot give too much...as its publicly known & given out to more people.

it is still not alot unless you are top tier in civil servant.

 

btw, civil servant very little people nia.. those we thought civil servant a lot got nothing to do with this report one.

 

i think a lot of them is getting email from HR now telling them that this news got nothing to do with their department.

[Joseph22]

knn... i want to join civil service liao

join lor.. then you become subjected Guilty until proven innocent liao. Like NBG.

[Jordanplus]

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

 

so, they will get NPAA + AWS + AVC, total 2.7months?

if like that....HUAT ah!!!!!

[Toapayohkid]

The real bonuses for civil servants come from performance bonuses in Apr. For the superscalers n elite admin service, its a very substantial amt compared to the rank & file officers.

 

ballpark how much they get? i'm sure some deserve it, but probably many don't. 80/20 rule on who works and who doesnt.