The Philippines government has passed the Salary Standardization Law V or SSL V Fourth Tranche, which is set to take effect on January 1, 2023. This law was signed into effect by President Rodrigo Duterte on January 8, 2020, based on the Senate Bill No. 1219 and House Bill No. 5712.
This new law is expected to provide a salary increase for civilian government employees in the country. The SSL V Fourth Tranche Table provides a basis for the fourth salary increase, which will take effect on the proposed date of implementation.
In this article, we will discuss the Key Points of the Salary Standardization Law V or SSL V Fourth Tranche.
Key Points
- The Salary Standardization Law V or SSL V Fourth Tranche is set to take effect on January 1, 2023.
- This law is expected to provide a salary increase for civilian government employees in the Philippines.
- The SSL V Fourth Tranche Table provides a basis for the fourth salary increase, which will take effect on the proposed date of implementation.
SSL V Fourth Tranche Table
The SSL V Fourth Tranche Table provides the basis for the fourth salary increase for civilian government employees. The effectivity date of the fourth tranche is January 1, 2023. This table shows the salary grade, step, and corresponding salary of government employees. The implementation of the modified Salary Schedule for Civilian Personnel is in four tranches, from FY 2020 to FY 2023. SSL V Fourth Tranche is part of the Salary Standardization Law of 2019. It aims to provide a higher salary for government employees to improve their standard of living.
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