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Cash allowance balance to be disbursed to escrow account
KUWAIT CITY, April 19: The Civil Service Commission (CSC) has determined the mechanism for disbursing the cash allowance for the balance of annual vacations for state employees (sale of leave). The cash allowance balance will be disbursed during the fiscal year to the escrow account (amounts under settlement). These are the amounts that are settled in the last quarter of the fiscal year through savings achieved in the budget of each party, reports Al-Rai daily.
Undersecretary of CSC Bader Al-Hamad, asked the undersecretary of the Ministry of Finance to note that, “Within the framework of the implementation of decree No. 81/2022, and the Civil Service Council’s Resolution No. 2/2022, CSC sees the introduction of an item (a cash allowance for the balance of periodic leave during service) within a compensation package of employees”.
Al-Hamad said, “The cash allowance for the balance of periodic leaves for employees during service is disbursed during the fiscal year at the expense of the escrow — amounts under settlement — as the amounts disbursed during the fiscal year are settled during the last quarter, from the savings achieved in the budget of each government agency individually, especially after the Ministry of Finance canceled the supplementary appropriation budget and included its appropriations within the budgets of government agencies, as it is expected that savings will be achieved in the budgets of government agencies”. He explained that, in the event that the savings that allow for the settlement of the amounts resulting from the cash allowance, for the balance of periodic leave during service, is not achieved, the budget is strengthened to meet the settlement of these amounts.