Psd 20189/1/2023 ![]() In July 2018, civil servants received a mid-year AVC of 0.5 months and a one-off lump sum payment of $300, with a higher lump sum of $500 for lower-wage civil servants in Grades IV and V of the Operations Support Scheme. This is $300 more than what he would get at 1 month of his monthly salary (which would have been $1,500). For example, an officer earning a monthly salary of $1,500 will get a year-end AVC of $1,800. This signals the Government’s continued commitment to help lower-wage workers.Īround 1,380 civil servants will benefit from the minimum AVC payment of $1,800. Lower-wage civil servants will get a minimum year-end AVC of $1,800. Total employment grew, more job vacancies were available and retrenchments declined.Īgainst this backdrop and in close consultation with the public sector unions, civil servants will be paid a year-end Annual Variable Component (AVC) of 1 month. The labour market continued to improve in the first half of 2018. The Ministry of Trade and Industry has forecasted that the economy will grow by 3.0% to 3.5% in 2018. Lower-wage civil servants to get minimum year-end AVC of $1,800. Civil servants to get year-end AVC of 1 month.
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