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EXECUTIVE ORDER NO. 997


 


EXECUTIVE ORDER NO. 997 - GRANTING YEAR-END BONUS TO NATIONAL GOVERNMENT OFFICIALS AND EMPLOYEES EQUIVALENT TO TWO-WEEK BASIC PAY BUT NOT LESS THAN P500 NOR MORE THAN P1,000
 


WHEREAS, the State recognizes the dedication of government officials and employees to public service;

WHEREAS, it is necessary to provide additional incentive to boost their moral and efficiency;  

WHEREAS, it is opportune to grant a year-end bonus to meet the additional expenses incurred during the Christmas season;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution do hereby Order and Direct:

SECTION 1.    All officials and employees of the National Government including the members of the Armed Forces of the Philippines and the Integrated National Police are entitled to the year-end bonus equivalent to two-week basic pay but not less than P500 nor more than P1,000.

SECTION 2.    Officials and employees already receiving year-end bonus or incentive pay or equivalent beyond their basic pay and duly authorized monthly allowance shall no longer be entitled to this year-end bonus.

SECTION 3.    Funds needed to implement this Order shall be drawn from savings which shall be duly certified by the agencies as to their availability. Any deficiency in agency savings may be covered from any available savings of the national government.

SECTION 4.    The procedures, rules and regulations needed to carry out this Executive Order shall be formulated and issued by the Office of Budget and Management.

SECTION 5.    The year-end bonus provided herein shall be effective immediately.  

Done in the City of Manila, this 26th day of November in the year of Our Lord, Nineteen Hundred and Eighty-Four.

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