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Computation of Public School Teachers' Proportional Vacation Pay (PVP) for School Year (SY) 2011-2012
|admin 2 29-May-2012|
This is to provide the field offices with a uniform basis for the computation of the Proportional Vacation Pay (PVP) entitled to all public elementary and secondary school teachers under the teacher's leave basis.
For School Year (SY) 2011-2012, teachers who have continuous services from June 6, 2011 to March 30, 2012 shall be entitled to seventy-eight (78) days total of PVP from Summer and Christmas vacation days, which is computed as follows:
Factor 0.273 shall be used for the computation of absences and PVP for SY 2011-2012. Below is the deviation of factor 0.273.
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