Computation On Terminal Leave Benefits

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COMPUTATION ON TERMINAL LEAVE BENEFITS

Name : ELENA M. DIEZA


Position : Municipal Mayor
Municipality : Hinabangan, Samar
Last Day of Service : June 30, 2022
Date of Separation : July 1, 2022

TERMINAL LEAVE PAY- (MONEY VALUE)

TLT = Highest Monthly Salary X No. of Leave of Credits X Constant Factor


Monthly Salary = Php 96,247.00
No. of Leave Credits = 281.384
Constant Factor = 0.0481927
Therefore TLB = HMS x No. of Days x CF
= 96,247.00 X 281.384 X 0.0481927

Total ----------------------------------------------------------------- = Php 1,305,172.33

Certified Correct:

REX DACANAY
Administrative Officer (HRMO I)
VIRGINIA B. CARDENAS
OIC- Mun. Budget Officer

Approved:

HON. CLARITO P. ROSAL


Acting Municipal Mayor

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