1. Pursuant to CSC-DBM Joint Circular No. 2-97 dated June 25, 1997, in relation to the Joint CSC and DBM Circular No. 1 s. 1991 or the Rules and Regulations Governing the Monetization of Leave Credits of Government Officials and Employees, this Office announce to the field that the filing of application of Regular Monetization until November 15, 2023, Wednesday.
2. Officials and employees in the career and non-career service, whether permanent, provisional, temporary, or casual, shall be allowed to monetize a maximum of ten (10) days of leave credits subject to the following conditions:
a. There shall remain five (5) days’ vacation leave credits after monetization; and
b. Said official or employee has accumulated no less than fifteen (15) days’ vacation leave credits, in which case he can monetize no more than ten (10) days.
3. Qualified applicants must submit three (3) original copies of duly accomplished CSC Form No. 6 (Application for Leave).
4. The grant of monetization shall be based on the agency’s available Personnel Services (PS) savings.
5. For relevant concern, you may contact the Administrative Services-Personnel Unit thru (046) 423-7934 or 0919-060-5823.
6. Immediate dissemination with this Memorandum is directed.