Labor Update: Noy: June pay hike for state workers | The Philippine Star >> News >> Headlines

Noy: June pay hike for state workers | The Philippine Star >> News >> Headlines: "Starting June 1 – or a month ahead of schedule – all employees and officials of the government will be getting the third tranche of their salary increase pursuant to the Salary Standardization Law III (SSL III), President Aquino revealed yesterday.

“You heard it right. Salary increases will be implemented this June and not this July,” Aquino told moderate labor groups who attended a breakfast meeting with him yesterday.

“We made it earlier because I know this would mean a lot, especially since it’s enrollment period once again. Why should we postpone it when we can already do it today,” Aquino said, drawing loud applause from the crowd.

When asked in an informal interview with Palace reporters, the Chief Executive said the funds for the purpose have been sourced from savings the government accumulated over the past 10 months of his administration.

President Aquino commended Budget Secretary Florencio Abad for the savings, which they got from the funds for personnel services. He said there has been P19.5 billion in total savings, P2.8 billion of which is allocated to fund the third tranche of the salary increase."