Computation of Public Schools Teachers’ Proportional Vacation Pay for School Year (SY) 2014-2015

This is to provide 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) 2014-2015, each of the teachers who have continuous services from June 2, 2014 to March 27, 2015 shall be entitled to 79 days total of PVP from Summer and Christmas vacation days, which is computed as follows:

Total Number of days served from June 2, 2014 to March 27, 2015	299 days
Less: Number of Christmas vacation days earned from December 22, 2014 to January 2, 2015	-14 days
Actual days served	285 days
Multiply factor	x0.277
Total PVP earned from the number of Summer and Christmas vacation days	79 days
Less: Number of Christmas vacation days	-14 days
Number of the Summer vacation days earned from March 28 to June 1, 2015	65 days

Factor 0.277 shall be used for the computation of absences and PVP for SY 2014-2015. Below is the derivation of factor 0.277.

Number of Summer vacation days	65 days
Add: Number of Christmas vacation days	+14 days
Total PVP	79 days
(Summer and Christmas vacation days)
Divided by actual days served	285 days
Multiply factor	0.277

Read:

1. Granting of Vacation Service Credits to Teachers Implementing Dropout Reduction Program (DORP) and Open High School Program (OHSP)
2. Guidelines on the Grant of Vacation Service Credits to Teachers Designated as District/School Property Custodians
3. Monetization of Leave Credits of Government Officials and Employees
4. Deped Guidelines on Grant of Vacation Service Credits to Teachers