Presentation is loading. Please wait.

Presentation is loading. Please wait.

LONGEVITY PAY. e.i., on April 17, 1997. Subsequent LPs shall be granted every 5 years thereafter.

Similar presentations


Presentation on theme: "LONGEVITY PAY. e.i., on April 17, 1997. Subsequent LPs shall be granted every 5 years thereafter."— Presentation transcript:

1 LONGEVITY PAY

2 e.i., on April 17, 1997. Subsequent LPs shall be granted every 5 years thereafter.

3 Sample No. 1 Name:Agnes CalayETD:June 16, 1986Length of Service: 27 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%1997Basic5%2002Basic5%2007Basic5%2012 Basic Monthly Salary as of 4/16/2002 17-Apr15,841.000.05792.05 TOTAL 792.05 GRAND TOTAL LP1 (JC Section 9.6) ▫ Salary as of April 17, 1997 = Php 115,512/12 months = Php 9,626.00 ▫ Salary as of November 1, 1997 = Php138,180 /12 months = Php 11,515.00 ▫ Salary as of January 10, 1999 = Php141,636/12 months = Php11,803.00 ▫ Salary as of January 1, 2000 = Php155,796.00/12 months = Php12,983.00 ▫ Salary as of November 6, 2000 = Php 181,044.00/12 months = Php 15,087.00 ▫ Salary as of July 1, 2001 up to April 16, 2002 = Php190,092.00/12 months = Php15,841.00 JC SECTION 9.6 The latest LP may be adjusted due to any of the following circumstances: Salary increase of pursuant to existing law and executive order issued by the President of the Philippines; Salary increase due to promotion; and Salary step increment due to meritorious performance and other step increments authorized under existing laws, except due to length of service.

4 Sample No. 1 Name:Agnes CalayETD:June 16, 1986Length of Service: 27 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%1997Basic5%2002Basic5%2007Basic5%2012 Basic Monthly Salary as of 4/16/2002 4/16/2007 17-Apr15,841.000.05792.0519,732.000.05986.60 TOTAL 792.05 986.60 GRAND TOTAL LP2 (JC Section 9.6) ▫ Salary as of April 17, 2002 = Php190,092.00/12 months = Php15,841.00 ▫ Salary as of November 6, 2003 =Php194,844.00/12 months = Php16,237.00 ▫ Salary as of January 1, 2004= Php199,716.00/12 months = Php16,643.00 ▫ Salary as of July 1, 2004 up to April 16, 2007= Php236,784.00/12 months = Php19,732.00

5 Sample No. 1 Name:Agnes CalayETD:June 16, 1986Length of Service: 27 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%1997Basic5%2002Basic5%2007Basic5%2012 Basic Monthly Salary as of 4/16/2002 4/16/2007 4/16/2012 17-Apr15,841.000.05792.0519,732.000.05986.6039,327.000.051,966.35 TOTAL 792.05 986.60 1,966.35 5 GRAND TOTAL 5,948.75 LP3 (JC Section 9.6) ▫ Salary as of April 17, 2007 = Php236,784.00/12 months = Php19,732.00 ▫ Salary as of June 1, 2007 = Php266,976.00/12 months = Php22,248.00 ▫ Salary as of June 1, 2008 = Php293,676.00/12 months = Php24,473.00 ▫ Salary as of June 1, 2009 = Php351,048.00/12 months = Php29,254.00 ▫ Salary as of June 24, 2010 = Php408,408.00/12 months = Php34,034.00 ▫ Salary as of July 1, 2010 = Php414,960/12 months = Php34,580.00 ▫ Salary as of June 1, 2011 up to April 16, 2012 = Php471,924.00/12 = Php39,327.00

6 Sample No. 1 Name:Agnes CalayETD:June 16, 1986Length of Service: 27 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%1997Basic5%2002Basic5%2007Basic5%2012 Basic Monthly Salary as of Existing Basic Salary 4/16/2002 4/16/2007 4/16/2012 17-Apr15,841.000.05792.0519,732.000.05986.6039,327.000.051,966.3544,075.000.052,203.755,948.75 TOTAL 792.05 986.60 1,966.35 2,203.75 GRAND TOTAL 5,948.75 LP4 (JC Section 9.6) ▫ Salary as of April 17, 2012 = Php471,924.00/12 months = Php39,327.00 ▫ Salary as June 1, 2012 up to present = Php528,900.00/12 months = Php44,075.00

7 Sample No. 1 Name:Silverila T. CaveroETD:June 16, 1986Length of Service: 27 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%1997Basic5%2002Basic5%2007Basic5%2012 Basic Monthly Salary as of Existing Basic Salary 4/16/2002 4/16/2007 4/16/2012 17-Apr15,841.000.05792.0519,732.000.05986.6039,327.000.051,966.3544,075.000.052,203.755,948.75 TOTAL 792.05 986.60 1,966.35 2,203.75 GRAND TOTAL 5,948.75 Total Longevity Pay: PhP 792.05 + 986.60+ 1,966.35 + 2, 203.75 = Php 5,948.75 to be paid monthly January 1, 2013 onwards until you reach another milestone JC SECTION 9.7 The first Longevity Pay, LP 1, shall be based on the monthly basic salary, S 1, as of the LP 1 effectivity, upon completion of the first 5 years of services as PHW. The second Longevity Pay, LP 2, shall be based on the monthly basic salary, S 2, as of the LP 2 effectivity, and so on. The total Longevity Pay, LP T, at any given time shall be the sum of LP 1 up to the latest Longevity Pay, LP n. Thus, LP 1 = (0.05)(S 1 ) LP 2 = (0.05)(S 2 ) LP n = (0.05)(S n ) LP T = LP 1 + LP 2 + …. LP n

8

9 Sample No. 2 Name:Alexander Grande III ETD in the Gov’t : 7/9/1992 ETD as PHW : 3/20/2001Length of Service: 22 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%2006Basic5%2011Basic5%2007Basic5%2012 as of February 25, 2012 Existing sal 20-Mar 15,242.000.05762.1024,887.000.051,244.35 'leave without pay July 9, 2010 - June 15, 2011= 11 months and 6 days (March 20, 2011 – Feb. 26, 2012) the lp2 shall commence on February 27, 2012 & 5 yrs thereafter for succeeding LPs TOTAL 762.10 1,244.35 GRAND TOTAL LP1 (JC Section 9.6) ▫ Salary as of March 20, 2006 = Php 114,612.00/12 months = Php9,551.00 ▫ Salary as of April 15, 2007 = Php 117,480/12 months = Php9,790.00 ▫ Salary as of July 1, 2007 = Php 129,228.00/12 months = Php10,769.00 ▫ Salary as of July 1, 2008 = Php142,152.00/12 months = Php11,846.00 ▫ Salary as of July 1, 2009 = Php155,736.00/12 months = Php12,978.00 ▫ Salary as of March 1, 2010 = Php170,376.00/12 months = Php14,198.00 ▫ Salary as of June 24, 2010 = Php.187,788.00/12 months = Php15,649.00 ▫ Salary as of June 16, 2011 up to February 25, 2012 = Php 182,904.00/12 months = Php15,242.00

10 Sample No. 2 Name:Alexander Grande III ETD in the Gov’t : 7/9/1992 ETD as PHW : 3/20/2001Length of Service: 22 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year)COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%2006Basic5%2011Basic5%2007Basic5%2012 as of February 25, 2012 Existing sal 20-Mar 15,242.000.05762.10 Feb. 27 24,887.000.051,244.35 'leave without pay July 9, 2010 - June 15, 2011= 11 months and 6 days (March 20, 2011- Feb. 26, 2012) the lp2 shall commence on February 27, 2012 & 5 yrs thereafter for succeeding LPs TOTAL 762.10 1,244.35 GRAND TOTAL LP2 (JC Section 9.6) ▫ Salary as of March 26, 2012= Php182,904.00/12 months = Php15,242.00 ▫ Salary as of June 1, 2012 = Php196,488.00/12 months = Php16,374.00 ▫ Salary as of March 7, 2013 up to present = Php298,644.00/12 months = Php24,887.00 JC SECTION 9.4 The grant of LP to a PHW on leave of absence with or without pay for more than 3 months shall be deferred corresponding to the period of leave of absence in order to complete the service and performance rating requirements. In like manner, the performance of below Satisfactory, the finding of guilt in any administrative or criminal case shall disqualify the public health workers to receive the Longevity Pay only for the period covered by such disqualification/s and the grant of LP will only be delayed for the same period of said disqualification/s.

11 Sample No. 2 Name:Alexander Grande III ETD in the Gov’t : 7/9/1992 ETD as PHW : 3/20/2001Length of Service: 22 years COMPUTATION LP1 (5th year)COMPUTATION LP2 (10th year) COMPUTATION LP3 (15th year)COMPUTATION LP4 (20th year) TOTAL LPs MONTHBasic5%2006Basic5%(2011)2012Basic5%2017Basic5%2022 as of February 25, 2012 Existing sal 20-Mar 15,242.000.05762.10 Feb. 27 24,887.000.051,244.35 'leave without pay July 9, 2010 - June 15, 2011= 11 months and 6 days (March 20, 2011- Feb. 26, 2012) the lp2 shall commence on February 27, 2012 & 5 yrs thereafter for succeeding LPs TOTAL 762.10 1,244.35 GRAND TOTAL 2,006.45 Total Longevity Pay: PhP 762.10 + 1,244.35 = Php2,006.45 to be paid monthly effective January 1, 2013 onwards until you reach another milestone/anniversary

12 SERVICE REQUIREMENT AND LONGEVITY PAY (Item No. 9.1.2 of JC)

13 Updates on Magna Carta Benefits We are working on the revised DBM-DOH Joint Circular No. 1 specifically on the Hazard Pay which is already in the DBM for further evaluation and action.


Download ppt "LONGEVITY PAY. e.i., on April 17, 1997. Subsequent LPs shall be granted every 5 years thereafter."

Similar presentations


Ads by Google