2024 Impressive Benefits and Cash Allowances of DepEd Teachers
Introduction
As we enter the year 2024, teachers in the Department of Education (DepEd) eagerly anticipate the impressive array of benefits and cash allowances that await them. These incentives not only reflect their hard work and dedication but also serve as an encouragement for their continued excellent performance. In this article, we will delve into the complete list of benefits and cash allowances for DepEd teachers in 2024.
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Performance Based Bonus
Teachers with outstanding performance will receive a bonus based on their performance classification under Executive Order No. 80, Section 2012. The bonus, ranging from 50% to 65% of their basic salary, is typically disbursed in February or March, adding to the comprehensive rewards they receive.
An annual clothing allowance of ₱6,000, part of the compensation package, is provided to teachers, usually arriving in April.
Under DBM number 546, teachers receive a mid-year bonus equivalent to one month’s basic salary in May, contributing to the total financial incentives.
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PVP Summer and Christmas Break
Teachers who have rendered full service during the school year can enjoy 70 days of PVP during summer and Christmas break, as per rule 16 of the Omnibus Civil Service Rules, section 6. This break is a significant aspect of their yearly rewards.
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Chalk Allowance/Teaching Supplies Allowance
Teachers receive a ₱5,000 allowance for teaching supplies and materials, internet and communication expenses, and their annual medical examination, all part of the financial benefits. This allowance is usually disbursed between June and July.
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DepEd Anniversary Bonus/Teachers’ Day Incentive
In October, teachers receive a ₱1,000 bonus under DBM number 452, which adds to their benefits and cash allowances.
On November 15, teachers receive a year-end bonus equal to one month’s basic salary, a significant component of their end-of-year financial benefits.
A cash gift of ₱5,000 is given to teachers in November, enhancing their end-of-year rewards.
The PEI, worth ₱5,000 and disbursed in December, is a key part of the annual financial rewards for teachers.
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Special Hardship Allowance
Teachers assigned to the most challenging assignments receive a hardship allowance of 15% to 25% of their monthly salary, which is included in their compensation package.
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Leave Privileges
DepEd teachers have access to Maternity Leave, Paternity Leave, and Study Leave, essential elements of their overall rewards.
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Step Increment
Teachers with three years of continuous satisfactory service in their position receive a step increment, adding to their financial incentives.
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Loyalty Cash Incentive
Loyalty cash incentives, ranging from ₱5,000 to ₱10,000, are granted every 10th year of service or five years after, as part of their long-term financial rewards.
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Vacation Service Credits
Teachers can accumulate up to 15 days of vacation service credits per year, which are integral to their annual compensation.
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Travel Allowances
Mobile teachers receive a monthly travel allowance of ₱2,000, contributing to their overall financial incentives.
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Instructional Allowances
Mobile teachers are provided with an instructional allowance of ₱5,000, a vital part of their annual financial benefits.
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PERA
Teachers receive a monthly allowance of ₱2,000 as part of the PERA, enhancing the overall compensation package.
Conclusion
While these benefits and cash allowances undoubtedly bring excitement to teachers, many still feel that they are insufficient to cover their expenses and loans. Teachers eagerly await further announcements regarding potential increases in their compensation and allowances, as promised by the President. As they patiently wait for news from Malacanang and the Department of Education, teachers remain hopeful for a brighter future with increased benefits and cash allowances in 2024. – Doki | Helpline PH
