Good news for civil servants. The government has decided to pay a mid-year Annual Variable Component (AVC) of 0.5 month plus S$300 in July 2010.
A statement from the Public Service Division said the July payout comes against a backdrop of Singapore’s continuing economic growth.
PSD said Singapore’s economic recovery has been stronger than expected as it grew by 15.5% on a year-on-year basis in the first quarter of 2010, compared to 3.8% in the fourth quarter of 2009.
The mid-year payout announcement was applauded by civil servants.
The government will decide on the year-end AVC when Singapore’s economic performance in the second half of 2010 is clearer.
This article appear to me because my cousin is one of the civil servants
There is no writer point of view.
i would like to ask the writer will it happen again?
If i would in charge of it i will do the same thing.
Friday, May 28, 2010
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