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Question Monetization of leave credits

5 years 3 months ago #1662 by wind17
wind17 created the topic: Monetization of leave credits
Good Day! Sino po ba ang may jurisdiction sa pag monetize ng leave credits ng isang government employee yung admin. office o accounting office saka ano po ba talaga requirements, kasi yung accounting office humihingi po 3yrs received copy form 48 ng empleyado, samantalang yung hr ay may na submit ng leave card kung saan nakalagay yung total available leave credits.

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5 years 3 months ago #1683 by Action Officer 10
Action Officer 10 replied the topic: Monetization of leave credits
Good day!

There is no specific rules governing procedure in the monetization of leave credits. However, considering that monetization of leave credits is a human resource action, then initial action should be with the Office for Human Resource Management. As to the requirements, the Omnibus Rules on Leave provides, as follows:

Section 22. Monetization of leave credits.
Officials and employees in the career and non-career service whether permanent, temporary, casual, or coterminous, who have accumulated fifteen (15) days of vacation leave credits shall be allowed to monetize a minimum of ten (10) days: Provided, that at least five (5) days is retained after monetization and provided further that a maximum of thirty (30) days may be monetized in a given year. (Provided for under CSC MC No. 41, s. 1998)

For further inquiries, you may call our Office for Human Resource Management and Development at 932-0181 and 951-2639.

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