July 18, 1997 – DO 51, s. 1997 – Amendatory Rules and Regulations Governing the Monetization of Leave Credits of Government Officials and Employees
- Inclosed is a copy of CSC-DBM Joint Circular NO. 2-97 dated June 25, 1997 promulgating and adopting rules and regulations to amend Rules IV and VI of Joint CSC-DBM Circular No» 1, s„ 1991, governing the monetization of leave credits of government officials and employees.
- Under this Circular, government officials and employees shall now be allowed to monetize a maximum of thirty (30) days vacation leave/service credits, subject to the following conditions:
- There shall remain five (5) days vacation leave/service credits after monetization; and
- Said official or employee has accumulated no less than fifteen (15) days vacation leave/service credits, in which case he can monetize no more than ten (10) days.
Please be guided accordingly
DECS Order: No. 95, s. 1991
Allotment: 1-(D.O 50-97)
To be indicated in the Perpetual Index under the following subjects: