Aquino proposes minimum take-home pay for gov’t employees - News Summed Up

Aquino proposes minimum take-home pay for gov’t employees


MANILA, Philippines — Senator Bam Aquino has proposed the provision of a minimum monthly net take-home pay for government employees to ensure that workers can provide for their family’s needs. 710 or an Act Providing for a Minimum Monthly Net Take-Home Pay for All Government Employees After Authorized Deductions would ensure that employees would still receive part of their take-home pay amid salary deductions brought by loans and mandated obligations. If enacted, the bill would set the minimum take-home pay of workers at 30 percent of each employee’s salary. Aquino explained that any deficiency in loan payments due to the mandatory minimum take-home pay may be addressed by direct arrangements voluntarily made by the employees to the lending institutions. He noted that with the bill, government employees would be able to budget and prioritize their expenses.


Source: Philippine Daily Inquirer March 19, 2019 03:33 UTC



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