Latest Singapore News

Civil servants to get year-end AVC bonus of 0.50 month

Civil servants to get year-end AVC of 0.50 month. Lower-wage civil servants to get minimum year-end AVC of $900.
 
The Singapore economy grew by 1.1% on a year-on-year basis in 3Q16, slower than the 2.0% growth in the previous quarter. The Singapore economy grew at a slower pace of 1.7% in the first three quarters of 2016, compared to 2.1% over the same period a year ago. Taking into account the global and domestic economic environment, the Ministry of Trade and Industry has forecasted that the economy will grow by 1.0% to 1.5% for the whole of 2016.
 
Against this backdrop, civil servants will be paid a year-end Annual Variable Component (AVC) of 0.50 month. Lower-wage civil servants will get a minimum year-end AVC of $900. This signals the Government’s continued commitment to help low-wage workers.
 
Around 1,900 civil servants will benefit from the minimum AVC payment of $900. For example, an officer earning a monthly salary of $1,500 will get a year-end AVC of $900. This is $150 more than what he would get at 0.50 month of his monthly salary (which would have been $750).
 
singapore china town mrt
Singapore's Chinatown
 
Together with the mid-year AVC of 0.45 month in July 2016, civil servants will receive a full-year AVC of 0.95 month in 2016. This is 0.20 month lower than last year’s full-year AVC of 1.15 months (with a minimum year-end payment of $1,100). The lower AVC is in line with the lower economic growth for 2016 compared with 2015. The year-end AVC payment (including the minimum payment) was decided in consultation with the public sector unions.
 
All civil servants will also get the Non-Pensionable Annual Allowance (NPAA) of 1 month, to be paid in December together with the AVC.
 

Add comment

Emails are optional and for tracking replies. Names are unique; get yours today with a comment!

Security code
Refresh

La Daily

S. Korean container ship attacked by pirates Monday near Singapore Strait
S. Korean container ship attacked by pirates Monday near Singapore Strait

  A container ship under the South Korean flag has been attacked by pirates t [ ... ]

Read more la
'Shangri-La Dialogue 2019' kicks off in Singapore this Friday
'Shangri-La Dialogue 2019' kicks off in Singapore this Friday

  Top defense officials from various nations have gathered in Singapore fo [ ... ]

Read more la
Multinational maritime drills held in Busan, Singapore starting Monday
Multinational maritime drills held in Busan, Singapore starting Monday

  Multinational maritime drills are being held in waters near Korea's southern [ ... ]

Read more la
SimplyGo: Taking the MRT requires no Top-Ups anymore
SimplyGo: Taking the MRT requires no Top-Ups anymore

Use Your Mastercard® Contactless Bank Cards for Public Transport, with No Need for Top-Ups. The Lan [ ... ]

Read more la
Singapore Hong Kong Paris most expensive cities in the world
Singapore Hong Kong Paris most expensive cities in the world

  March 2019 - A new report shows Seoul is tied with New York City when it comes [ ... ]

Read more la
HDB BTO Balloting Time reduced from 6 weeks to 3 weeks from May 2019
HDB BTO Balloting Time reduced from 6 weeks to 3 weeks from May 2019

At the Committee of Supply debate today, the Ministry for National Development announced measures to [ ... ]

Read more la
HIV registry data leak not result of hack-in by advanced persistent threat actors
HIV registry data leak not result of hack-in by advanced persistent threat actors

Following an alert by the Police, the Ministry of Health (MOH) has ascertained that confidential inf [ ... ]

Read more la
Sexiest Air Stewardess in Asia not from SIA?
Sexiest Air Stewardess in Asia not from SIA?

Mabel Goo has been voted as the sexiest air stewardess in Asia according to an informal online poll  [ ... ]

Read more la
Orchard Road turns No Smoking Zone from 1 Jan 2019
Orchard Road turns No Smoking Zone from 1 Jan 2019

More than 40 Designated Smoking Areas available within the Orchard Road No Smoking Zone. Advisory ap [ ... ]

Read more la
First South Korean President to visit Singapore in 20 years
First South Korean President to visit Singapore in 20 years

  South Korean President Moon Jae-in kicked off his first full day in Singapor [ ... ]

Read more la
Muslims across the world celebrate the end of Ramadan
Muslims across the world celebrate the end of Ramadan

  Muslims across the world have gathered together to celebrate the end of Rama [ ... ]

Read more la
Kim-Trump summit day finally arrives
Kim-Trump summit day finally arrives

  Thanks for joining us on our special coverage of the historic summit between [ ... ]

Read more la
President Trump at Shangri-La; Kim Jong-un at St Regis? TrumpKim Summit 2018
President Trump at Shangri-La; Kim Jong-un at St Regis? TrumpKim Summit 2018

  With the venue for the historic summit confirmed as the Capella Hotel on Singa [ ... ]

Read more la
Trump-Kim Summit 2018 set at Capella Hotel, Sentosa
Trump-Kim Summit 2018 set at Capella Hotel, Sentosa

  US President Donald Trump and North Korean leader Kim Jong-un will meet at a [ ... ]

Read more la

Our Sponsors


La Latest

Merkel challenges Johnson to find backstop solution in 30 days

  UK Prime Minister Boris Johnson is on his first overseas trip since becomi [ ... ]

Read more la
'Missing' British Hong Kong consulate employee detained in China for violating 'public order'

  Now to an update on the British government worker in Hong Kong who went miss [ ... ]

Read more la
British consular official in Hong Kong disappears while on trip to mainland China

  With tensions rising between mainland China and Hong Kong over the pro-democ [ ... ]

Read more la
Iceland holds funeral for its first lost glacier

  Officials in Iceland and climate change activists held a funeral on Sunday f [ ... ]

Read more la
Samsung unveils Galaxy Note 10, souped-up Note 10 Plus

  Samsung introduced its new premium smartphone, the Galaxy Note 10, on Wednesda [ ... ]

Read more la
Police officer killed attending reported burglary

  A police officer has been killed after attending a reported burglary in th [ ... ]

Read more la
Costs of raising pets and changing pet market consumer trends

  The pet market is growing amid an increasing number of people raising pe [ ... ]

Read more la
Trump says he doesn't want to see Hong Kong protests met with violence by China

  As the pro-democracy movement in Hong Kong continues to simmer despite a [ ... ]

Read more la

La Entertain

Zhao Liying first day at work after delivering baby son for husband William Feng Shaofeng

22 Aug 2019 - Zhao Liying Zanilia has been spotted on a number of occasions after her pregnancy but  [ ... ]

Read more la
Tiffany Tang's baby daughter bump too big to hide

22 Aug 2019 - On a recent filming session while Tiffany Tang was on the set, she was dressed in bagg [ ... ]

Read more la
Donnie Yen & Takuya Kimura's daughters grow up; Jasmine Yen & Mitsuki Kimura

Japanese heartthrob Takuya Kimura (46)'s 16 year old daughter Mitsuki Kimura has just made her debut [ ... ]

Read more la
Fish Leong divorces husband Tony Chao for dating internet babe

On 18 Aug 2019, it has been allegedly discovered that Malaysian songbird Fish Leong (41) has already [ ... ]

Read more la
Shawn Yue's son Xiao Yue with wife Sarah Wang seen for first time

Shawn Yue has been happily married since Dec 2017. He became a father in May 2018 - wa, shotgun! - h [ ... ]

Read more la
Jing Boran falls from 5m stage while filming The Climbers; Jackie Chan co-stars

On 12 Aug 2019, Jing Boran was filming on the set of "The Climbers"《攀登者》on a 5m high stage [ ... ]

Read more la
Irene Chen Ailing shows off seductive pregnancy curves of son with husband Alex; talks about miscarriage

Irene Chen Ai Ling shares seductive pregnancy curves with husband Alex; talks about miscarriage. &n [ ... ]

Read more la
BTS to take 'extended' break for the first time since debut

  K-pop sensation BTS are taking a break from all performances following a sle [ ... ]

Read more la