Good news to all public servants! The Public Service Division (PSD) has just announced that ALL civil servants will receive a special one-off SG50 payment of $500 as part of the mid-year bonus this year.
In addition, the usual AVC will be 0.5 month. AVC is the acronym for Annual Variable Component.
Both AVC and the special SG50 payment of $500 cash will be paid out in July 2015.
Division IV officers will receive a wage increase of $30 in monthly salary. This pay raise will be over and above their annual increment for 2015.
Compare this year’s mid-year bonus with last year’s.
Reference: PSD press release