When will the RM2,000 and RM1,000 incentives be disbursed?

Question

Accepted Answer

The RM2,000 and RM1,000 incentives will be disbursed at the end of February 2024.

The government will provide a one-off incentive payment of RM2,000 to civil servants in Grade 56 and below, and RM1,000 to all government retirees. These payments are scheduled to be disbursed at the end of February 2024. This announcement was made in conjunction with the tabling of Budget 2024.
Incentive Details

The RM2,000 incentive is designated for all civil servants holding positions from Grade 56 downwards. This includes a broad spectrum of public sector employees who fall within this grade or lower.
Retirement Incentives

All government retirees will receive a one-off payment of RM1,000. This category encompasses both pensioned and non-pensioned veterans, ensuring a wide reach for this retirement benefit.
Disbursement Timeline

The disbursement of these incentives is planned for a single occasion at the conclusion of February 2024. This timeline follows the announcement made during the Budget 2024 proceedings.
Broader Context of Public Service Review

The incentive payments are being provided while the government undertakes a comprehensive study for a new salary scheme for civil servants. This study, the Public Service Renumeration Scheme Study, is the first comprehensive review in 12 years, as the existing policy typically involves adjustments every 10 years. The new salary scheme itself is expected to be announced before the end of next year, 2024.

Reading history

Hide →

This history is cleared when the page is closed.

When will the RM2,000 and RM1,000 incentives be disbursed?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends