The Holiday Bonus It is a benefit provided by the State to the employees of the Public Sector with the aim of helping them financially during the summer.
Until when do you pay the Vacation Bonus?
According to the Public Sector Remuneration Readjustment Law approved in Congress on December 21, 2022, and published on December 28 in the Official Gazette, the Vacation Bonus is paid during January 2023.
The beneficiaries of the bond they will receive it automaticallyand it is not necessary to apply to receive it.
How many payments are they?
Es only one payment per beneficiary of the Holiday Bonus and it is delivered in a single installment.
What is the amount of the 2023 Vacation Bonus?
The amount of Holiday Bonus changes depending on how much the beneficiary earns, and according to the Public Sector Remuneration Readjustment Law, the confirmed value for this year 2023 is:
- $100.000 for public sector workers, whose net remuneration they are entitled to receive in the month of November 2022, is equal to or less than $943,703.
- $50.000 for those public sector workers, whose net remuneration exceeds $943,703 and does not exceed $3,125,052 gross.
It is important to clarify that the Vacation Bonus is not taxableso it will not constitute income for any legal effect and is not subject to discounts.
What are the requirements of the Vacation Bonus?
The requirements you need to meet to receive the Holiday Bonus 2023 are the following:
- Being a civil servant.
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Employees who as of November 2022 have net remuneration equal to or less than $842,592.
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Employees who as of November of this year have net remuneration of less than $2,790,225.