Civil Servants get 2 month year-end payment

[RadX]

Si bei ho....i want to join civil svc

 

Civil servants to get 2-mth year-end payment

Posted: 24 November 2010 1721 hrs

 

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SINGAPORE: Civil servants will receive a total year-end variable payment amounting to two months. This comprises the Annual Variable Component (AVC) of one month and a Non-Pensionable Annual Allowance (NPAA), also known as the 13th month payment, of one month.

 

This is in view of the strong economic recovery. The Singapore economy has recovered strongly and expanded by 17.9% in the first half of 2010. The Ministry of Trade and Industry (MTI) has forecast the 2010 GDP growth at around 15%.

 

Civil servants received a mid-year AVC of 0.5 month and a one-off dollar quantum of $300 in July. Together with the year-end payment, the total variable payment for 2010 will be 2.5 months and $300.

 

In March 2011, eligible civil servants will be paid a Special Variable Payment (SVP).

 

The SVP, formerly known as Growth Bonus, is payable when there is exceptionally good economic growth, and the quantum varies depending on individual performance.

 

In March 2011, good performers will receive one month of SVP and better performers will receive more, up to 1.6 months, while poor performers will not receive any SVP.

 

 

 

 

 

 

 

[Soya]

Si bei ho....i want to join civil svc

 

eh, i thot mandai crematorium oredi belongs to the gahmen?

[Mike1234]

eh, i thot mandai crematorium oredi belongs to the gahmen?

 

 

i tot he just "upgrade" his car...

 

Maybe he looking for a new Xmas present for himself liao

 

[RadX]

eh, i thot mandai crematorium oredi belongs to the gahmen?

 

that previoous gahmen lah

[Joseph22]

i tot he just "upgrade" his car...

 

Maybe he looking for a new Xmas present for himself liao

 

 

he got makan money or not

[RadX]

he got makan money or not

 

[Mike1234]

Btw...

 

i tot SLA, M1 under the Ah Kong.....

 

They still get 2 month year end payment?

 

[Mazdaowner]

 

Please be nice....it's known as siphon or embezzle.

 

he got makan money or not

 

[WWbarb]

u so hard up for 2 mths bonus meh?

[RadX]

u so hard up for 2 mths bonus meh?

 

 

i am a pooooooooor man...of course lah

[WWbarb]

go join any bank or law firm to be cleaner also get more than 2 mths la

[Tarzan666]

CB!!!!

I not civil servant anymore then they give 2 months..knn.

[Aimnfire]

actually its only 1 mth bonus plus 0.5 plus $300

so its 1.5 plus $300 with another additional 13 mth

 

 

[Kyrios]

Hmm so total including the one upcoming in March next year is 4 months of bonus? Not bad at all..last time the law firm I was in dont even have 13 month...max 2 months of bonus nia so thumbz up for those in civil service..easy life, secured job and bonus slightly on the high side..!

[WWbarb]

then u chose the wrong law firm i guess, my wife has been working in the same law firm for 18 years liao. Her worst bonus was 3.5 mth...

[Kilatz]

Do you know that they don't receive any bonus last year... so its something good for them...actually i was expecting them to get more...especially with the eRection coming next year...

[Joseph22]

Please be nice....it's known as siphon or embezzle.

 

my england not good mah

[Joseph22]

 

This one cannot blame me

you say ppl impression of porsch change liao