Saturday, January 28, 2023

7. MONETIZATION OF LEAVE CREDITS

Section 23. Monetization of 50% or more of vacation/sick leaves credits. – Monetization of fifty (50%) or more of the accumulated leave credits may be allowed for valid and justifiable reasons such as: a. Health, medical and hospital needs of the employee and immediate members of his/her family; b. Financial aid and assistance brought about by force majeure events such as calamities, typhoons, fire, earthquake and accidents that affect the life, limb and property of the employee and his/her immediate family. c. Educational needs of the employee and the immediate members of his/her family. d. Payment of mortgages and loans which were entered into for the benefit or which inured to the benefit of the employee and his/her immediate family; e. In cases of extreme financial needs of the employee or his/her immediate family where the present sources of income are not enough to fulfill basic needs such as food, shelter and clothing. f. Other analogous cases as may be determined by the commission. *The monetization of 50% or more of the accumulated leave credits shall be upon the favorable recommendation of the Agency Head and subject to availability of funds.

Service Details

OFFICE OR DIVISION:

HUMAN RESOURCE AND MANAGEMENT OFFICE

CLASSIFICATION:

SIMPLE

TYPE OF TRANSACTION:

G2G - Government to Government

WHO MAY AVAIL:

Officials and Employees of the Local Government Unit of Manolo Fortich

CHECKLIST OF REQUIREMENTS:

WHERE TO SECURE

Certified approve leave application (10 days) with leave credit balance (One (1) Original Copy)

Human Resource Management Office

Duly approved request for covering more than 10 days (One (1) Original Copy)

Agency head

For monetization of 50% or more:

Clinical abstracts or medical procedures to be undertaken in case of health, medical, and hospital needs (One (1) Original Copy)

Client

Barangay Certification in case of need for financial assistance brought about by calamities, typhoons, fire, and among others.

Barangay hall where the employee is residing

CLIENT STEPS

AGENCY ACTION

FEES TO BE PAID

PROCESSING TIME

PERSON RESPONSIBLE

1 . Requests and submits pertinent documents for processing of monetization application.

1.1. Prepares and reviews the submitted document.

None

5 Minutes

Human Resource Management Officer II
Human Resource Management Office

1.2. Facilitates the computation and routing of documents.

None

10 Minutes

Human Resource Management Officer II
Human Resource Management Office

1.3. Signs and records the submitted documents.

None

5 Minutes

Municipal Budget Officer
Municipal Budget Office

1.4. Records and issues journal voucher.

None

5 Minutes

Municipal Accountant
Municipal Accounting's Office

1.5. Facilitates signing of journal voucher and submits to the Mayor’s Office for Mayor’s signature.

None

15 Minutes

Municipal Treasurer and Municipal Mayor
Municipal Treasurer’s Office and Mayor's Office

1.6. Issues check and submits to the Mayor’s Office for Mayor’s signature.

None

15 Minutes

Municipal Treasurer and Municipal Mayor
Municipal Treasurer’s Office and Mayor's Office

1.7. Issues advice.

None

10 Minutes

Municipal Accountant
Municipal Accounting's Office

2 . Receives the check.

2.1. Releases the check.

None

15 Minutes

Municipal Treasurer
Municipal Treasurer’s Office

TOTAL

None

1 Hour, 20 Minutes