Sec. 2
An Additional Cash Gift of P1,000
Sec. 2. An Additional Cash Gift of P1,000.00 shall likewise be granted to all officials and employees, of the National Government Units, covered under Section 1 above.
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Executive Order No. 74 (1986)
Executive Order No. 74 (1986)
Sec.1. All officials and employees of the National Government, as well as all officials and employees of Local Government Units, who, as of October 31, 1986 have rendered at least four months of service, shall receive a year-end bonus equivalent to one month basic salary.
Sec. 3
Sec. 3. Officials and employees already receiving Christmas or year-end bonus or their equivalent, shall only receive such amount as shall be necessary to bring such Christmas, year-end or equivalent bonuses equal to the amounts provided under Sections One and Two above.
Sec. 4
Sec. 4. Officials and employees already receiving Christmas or year-end bonus or their equivalent, equal to or more than the amount provided under Sections One and Two above, shall no longer be entitled to the amount granted under this Executive Order.
Sec. 5
Sec. 5. Funds needed to implement this Order for both National and Local Government employees, shall be taken from the Salary Adjustment Fund and from such other appropriations as the Ministry of Budget and Management may determine.
Sec. 6
Sec. 6. The Ministry of Budget and Management shall issue the implementing circular to carry out this Executive Order.
Done in the City of Manila, this 26th day of November, in the year of Our Lord, nineteen hundred and eighty-six.