Bonuses for public sector expected in fall

The government has yet to pass the decision on paying bonuses to public sector employees, which would probably happen in the fall.

Izvor: Veèernje novosti

Sunday, 20.06.2010.

12:53

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The government has yet to pass the decision on paying bonuses to public sector employees, which would probably happen in the fall. There were no talks of the bonuses yet in the government, and it is expected to wait until the budget is rebalanced, which is expected to occur in September. Bonuses for public sector expected in fall “In the letter of intent with we sent last week to the International Monetary Fund (IMF), we announced that the bonuses would be paid by the end of the year,” sources from the government stated, adding that public sector workers and pensioners will not get the bonuses at the same time. It is not yet known who will receive the bonuses first. Public sector employees with wages of RSD 40,000 (about EUR 400) per month will receive a bonus of RSD 5,000, while pensioners who receive RSD 15,000 a month can expect a bonus of RSD 3,000. Similar bonuses are expected to be paid in early 2011 as well. A budget deficit of about RSD 140bn is expected after the rebalance. “We will discuss the document with officials of the Fund, who will be in Belgrade on August 20, and the new plan for the state budget will include more money for poorer municipalities as well,” the government sources said. About RSD 1bn from the most successful state companies is expected to be paid to 46 of the most poverty-stricken municipalities in Serbia.

Bonuses for public sector expected in fall

“In the letter of intent with we sent last week to the International Monetary Fund (IMF), we announced that the bonuses would be paid by the end of the year,” sources from the government stated, adding that public sector workers and pensioners will not get the bonuses at the same time.

It is not yet known who will receive the bonuses first.

Public sector employees with wages of RSD 40,000 (about EUR 400) per month will receive a bonus of RSD 5,000, while pensioners who receive RSD 15,000 a month can expect a bonus of RSD 3,000.

Similar bonuses are expected to be paid in early 2011 as well.

A budget deficit of about RSD 140bn is expected after the rebalance.

“We will discuss the document with officials of the Fund, who will be in Belgrade on August 20, and the new plan for the state budget will include more money for poorer municipalities as well,” the government sources said.

About RSD 1bn from the most successful state companies is expected to be paid to 46 of the most poverty-stricken municipalities in Serbia.

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