MANILA, Philippines - Government workers will get a pay hike starting tomorrow (June 1), as the 4th tranche of the Salary Standardization Law (SSL) III is implemented a month ahead of schedule.
Budget and Management Secretary Florencio B. Abad said the 4th tranche of the SSL III will cover all salary and base pay increases for national government employees until December 31, 2011.
"President Benigno S. Aquino III earlier promised a pay raise for all government employees in fulfilment of the fourth tranche of SSL III. The raise was originally scheduled for July 1, but the President’s announcement pushed its implementation to June,” Abad said, in a statement.
The pay hike will be supported by P21.7 billion from the Miscellaneous Personnel Benefits Fund in the 2012 General Appropriations Act, plus P2.7 billion from the national budget's savings.
"The implementation of the fourth tranche should help government employees respond better to the rising cost of living and price increases for basic commodities. Besides this, the pay raise may give them a much-needed boost for paying tuition and academic fees, especially since schools will be reopening soon," Abad said.
However, the pay hike for President Aquino, Vice President Jejomar Binay, and all Cabinet Secretaries will not be implemented until July 1.
Government employees who are not covered by the 4th tranche of the SSL III are individuals and groups engaged through job orders, contracts of service, and other similar agreements.