Classification:                 Simple
Type of Transaction:       G2C – Government to Citizen
Who may avail:                All permanent, temporary and contractual officials and employees.

             Pursuant to Joint CSC-DBM Circular No. 1 series of 1991 and Joint CSC-DBM Circular No. 2 series of 1997 providing Amendatory Rules and Regulations Governing the Monetization of Leave Credits of Government Officials and Employees and in accordance with the provisions of Section 22, Monetization of Leave Credits and Section 23 Monetization of 50% or more of vacation/sick leave credits of Rule XVI, of the Omnibus Rules on Leave Implementing Book V of the Administrative Code of 1987, government officials and employees may avail of the monetization of leave credits.  The process starts upon the issuance of a memorandum notifying officials and employees of the acceptance of requests for monetization.

NO FEES AND CHARGES REQUIRED.