All civil servants in Singapore will be getting a 0.6-month year-end bonus from the Government.
Officers in certain grades will also receive an additional lump sum of up to S$800.
This was announced via a press release by the Public Service Division (PSD) on Monday (27 Nov).
In addition, all civil servants will be paid the Non-Pensionable Annual Allowance, also known as the 13th month.
The PSD has confirmed that all civil servants in Singapore will be receiving a year-end Annual Variable Component (AVC) of 0.6 months in 2023.
This is a slight decrease from 2022 when civil servants received a 1.1-month year-end bonus.
There will also be an additional one-time payment for officers in certain grades.
Those in grades equivalent to MX13(I) and MX14 will get S$400.
On the other hand, officers in grades equivalent to MX15 and MX16, as well as those in the Operations Support Scheme (OSS), will receive S$800.
The Government will also pay the 13th-month allowance of one month to all civil servants.
In its press release, the PSD noted that this year-end payment follows the latest National Wages Council (NWC) guidelines.
It also takes into account the fact that Singapore’s Gross Domestic Product (GDP) is expected to come in at around 1% in 2023, as forecast by the Ministry of Trade and Industry (MTI).
The revised forecast, the PSD explained, takes into consideration the following:
In line with the NWC’s recommendations, the Government will continue to adopt a progressive approach in determining the AVC for civil servants.
Combined with the 0.3-month mid-year bonus that civil servants received a few months ago, this means that they received a full-year AVC of 0.9 months in 2023.
Officers in grades up to MX13(I) and equivalent will receive a total additional lump sum of up to S$1,200 in 2023.
Have news you must share? Get in touch with us via email at news@mustsharenews.com.
Featured image by MS News.
Guests reportedly included SM Lee Hsien Loong, ESM Goh Chok Tong, former military chief Winston…
The fitting name for his degree? Doctor in Litter-ature.
The tortoises demonstrated not only creative problem solving, but also kindness.
Foreign tourists can purchase up to a five-day pass that offers unlimited rides on public…
The pair appeared to not have checked their blindspots before crossing.
The pilot reasoned that it might be the only chance most of the passengers would…