Monetization of Leave Credits Now Open for Non-Teaching Staff and School Heads
In a move to support its non-teaching personnel, school heads, and Alternative Learning System (ALS) teachers, the Offices of the Schools Division Superintendent across the country have announced the opening of applications for the monetization of leave credits (MLC). This initiative aims to provide financial assistance to qualified staff who have accrued leave credits.
The MLC program is contingent upon the availability of funds from the Pension and Gratuity Fund, as outlined by the Department of Budget and Management (DBM) in Circular Letter No. 2024-1, dated January 31, 2024. The circular specifies that MLC payments can be made under extraordinary circumstances, such as medical emergencies or calamity-related issues.
Applicants are required to submit several documents to support their application, including a duly accomplished CSC Form 6 (Revised 2020), a Designation Order signed by the Schools Division Superintendent (for School-in-Charge and Teacher-in-Charge positions), and a letter of request accompanied by supporting documents. These documents may include hospital bills, medical certificates, and evidence of house damage due to calamities or force majeure, among others.
This policy provides a much-needed financial lifeline for those facing unforeseen hardships, ensuring that the welfare of the educational community remains a top priority.