REPLY--SPECIAL-MONETIZATION-EDITED
REPLY--SPECIAL-MONETIZATION-EDITED
REPLY--SPECIAL-MONETIZATION-EDITED
Department of Education
CARAGA REGION XIII
SCHOOLS DIVISION OF SURIGAO DEL NORTE
WINSTON A. SUJIAN
Head Techer I
Mainit National High School
Mainit, Surigao Del Norte
Peace-filled greetings!
I acknowledge receipt of your second follow-up letter dated May 29, 2024 as
regards your application for special monetization. Please note that, office has
reviewed your application for Special Monetization and finds no objection to its
approval. However, I must endorse the application to Department of Education-
Regional Office considering that processing of the Special Monetization is beyond
the jurisdiction of SDO-Surigao del Norte. Consequently, DepEd- Regional Office
endorsed the same to the Department of Budget and Management- Regional
Office since Special Monetization is chargeable against the Fiscal Year 2024
Pension and Gratuity Fund (PGF) of the latter.
Last June 7, 2024, the office already received a letter from the Department of
Budget and Management. Accordingly, it has reviewed your application and has
provided the following guidance: instead of charging the Special Monetization to
the Fiscal Year 2024 Pension and Gratuity Fund (PGF) of DBM- Regional Office, it
should be charged against the available allotments for Personnel Services of the
school where you hold the plantilla or item. This decision is in accordance with
the assurance by the DBM that the Pension and Gratuity Fund for Fiscal Year
2024 can fully accommodate the requirements of the retirees this year, making
the rationalization of the release for the payment of Monetization of Leave
Credits (MLCs) necessary. Therefore, MLC payments charged to this fund are
Additionally, per Section 5.2.3 of National Budget Circular (NBC) No. 592, the
payment of Monetization of Leave Credit should be charged against the available
allotment for Personnel Services. Given that the School Head of Tubod National
High School has issued a certification indicating the non-availability of funds for
the payment of Monetization to date, you are advised to refile your application at
Tubod National High School when funds may become available or you could
process it personally and refile the same to the Regional Office of the
Department Budget and Management anytime soon. The SDO- Surigao del Norte
personnel working on the documents and requirements for such application
would be willing to assist you. The letter from the Department of Budget and
Management is hereby attached as Annex “A”.
I understand the importance of this matter to you and appreciate your patience.
Please feel free to reach out if you have further questions or need additional
assistance.
Thank you.
MANUEL O. CABERTE
Schools Division Superintendent