DBM Confirms Salary Increase for 2024

The Department of Budget and Management (DBM) has confirmed that there will be a salary increase for 2024. This increase is part of the Salary Standardization Law (SSL) VI and, according to the DBM, will be retroactive to January 2024, pending Presidential approval.

Q: May umento ba ngayong 2024?
A: Meron. Magiging bahagi ito ng SSL VI na ayon sa DBM ay retroactive to January ngunit kailangan pa ang approval ng pangulo.

Discussion Highlights:
- The General Appropriations Act (GAA) 2024 has allocated funds for the salary increase of civilian government employees.

- The Governance Commission for GOCCs (GCG) has completed studies for salary increases under SSL VI, which is expected to be enacted through an Executive Order.

The proposal for the salary increase, which is currently awaiting Presidential approval, is designed to be retroactive. This means that if approved this year, the increase will cover the period from January 2024.

READ: Latest update on the grant of PBB 2022 as of July 11

The DBM has stated that the salary increase under this scheme is designed to be more competitive than previous ones. It is expected to be retroactive to January 2024, pending Presidential approval.

- The Teachers’ Dignity Coalition (TDC) maintains that teachers' salaries should be based on the Magna Carta criteria rather than the SSL. The group is coordinating with some legislators to advocate for this proposal.

Source: TDC and DBM Dialogue on July 11, 2024

Read full transcript of TDC and DBM Dialogue