Prescribing Procedure in the Monetization of Leave Credits
Revenue Memorandum Order No. 33-91 • Bureau of Internal Revenue (BIR) Issuances • Revenue Memorandum Orders • Oct 8, 1991
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October 8, 1991 REVENUE MEMORANDUM ORDER NO. 33-91 SUBJECT : Prescribing Procedure in the Monetization of Leave Credits TO : All BIR Officials and Employees Pursuant to Civil Service Commission Memorandum Circular No. 31, S. 1991, the following guidelines and procedures on the monetization of leave credits of BIR officials and employees are hereby prescribed: cd i 1. Leave applications (CSC Form No. 6) shall be accomplished in duplicate and shall first be forwarded to the Chief, Personnel Division/Chief, Administrative Branch, after endorsement by the chief of office concerned, for certification of the vacation leave credits of the employee. The application may then be forwarded to the Asst. Commissioner/Asst. Service Chief or Regional Director/Asst. Regional Director, as the case may be, for approval. 2. The head of office shall prepare a payroll on the prescribed form (Annex A) based on the following computations as prescribed in the CSC Circular; 2.1 For regular employees: Monthly Salary x 10 22 = Money Value of Leave 2.2 For casual employees: Daily wage x 10 = Money Value of Leave 3. The payroll, in quadruplicate, supported by copies of the approved leave applications, shall then be coursed thru the regular channels. aisa dc 4. Priority in payment shall be given to applicants holding positions below salary grade 19. Subject to the continuing availability of funds, applications of officials above grade 19 shall likewise be paid. 5. The Chief, Personnel Division in the National Office, and the Chief, Administrative Branch, in the Regional Office, shall maintain up-to-date records of officials and employees who avail of this privilege. Monetization of leave credits of employees shall be allowed once a year, provided the employee has at least 15 days accrued vacation leave to his credit. 6. Funds for the purpose in the respective regional offices shall be released upon submission of a copy of the payroll in the prescribed form to the Disbursement Accounting Division, copy furnished the Personnel Division. This Order takes effect immediately. (SGD.) JOSE U. ONG Commissioner of Internal Revenue
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