Additional SRI for teachers up to 3K will be released

Additional SRI for teachers up to 3K will be released The additional Service Recognition Incentive (SRI) up to P3,000 fo qualified employe...

Additional SRI for teachers up to 3K will be released

The additional Service Recognition Incentive (SRI) up to P3,000 fo qualified employees of the Department of Education (DepEd) will be released at a later time, but if savings is insufficient to fully cover the remaining P3,000 per employee, a lower but uniform amount shall be paid to all qualified employees.

According to Undersecretary for Finance-Budget and Performance Monitoring, Annalyn M. Sevilla, the 3k SRI shall be released upon identification of available savings from RELEASED allotment of the DepED.

READ: SSL V Salary Schedule - First Tranche effective January 1, 2020

"The 3k SRI shall only be released upon identification of available savings from RELEASED allotment of the entire agency.DepEd needs approximately 3B to be able to pay additional 3k per employee. If pooled PS savings is not enough to cover the additional 3K, it should be UNIFORMLY divided to ALL employees of the AGENCY," said Sevilla.

The Department of Education has requested all regional finance offices to submit the data on the available PS savings to be able to identify the total pooled savings and determine the amount it can give to its employees.

"We are requesting all regional finance offices to submit the data/details on the available PS savings so we can identify the total pooled savings and determine the amount DepEd can give to its employees. Please submit on or before Dec 19, 2019," Sevilla said.

READ: Update and Clarifications on Payment of 7K + 3K Service Recognition Incentive

Teachers expect to receive this additional SRI up to P3,000 at a later time, but if savings is insufficient to fully cover the remaining P3,000 per employee, a lower but uniform amount shall be paid to all qualified employees of that agency.