Advertisement

Civil servants to get one month's year-end bonus

Yahoo file photo
Yahoo file photo

Singapore’s civil servants will get a year-end bonus of one month – double the amount they received in 2016.

Announced by the Public Service Division (PSD) on Monday (27 November), the Annual Variable Component (AVC) is added to the 13th month payment for civil servants. All 84,000 civil servants will receive this amount.

Together with the mid-year AVC of 0.5 month in July, civil servants will get a full-year AVC of 1.5 months this year. They received a 0.5 month AVC in 2016.

Lower-wage civil servants will receive a minimum AVC of $1,800.

“The AVC payment is in line with the more optimistic economic outlook for 2017 compared with 2016. The payment (including the minimum payment) was decided in consultation with the public sector unions,” said the Public Service Division in a release.