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Revised Rules on CTO. Advisory for Office Order No. 0452, Series of 2026 Pursuant to Monetary Board Resolution No. 299.
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Policy Framework. Establishing the rules, eligibility, and limitations of Compensatory Time-Off credits..
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POLICY AND ELIGIBILITY. Policy Statement. BSP may grant CTO to eligible employees for authorized overtime rendered onsite during holidays and rest days, in lieu of monetary compensation..
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POLICY EXCLUSIONS. Critical Shifting Roles. Security, IT, Currency Shipment, and Facilities management requiring constant presence..
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CTO EARNING RATES. 1. Regular Days. For every hour of overtime.
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ACCUMULATION CAPS. *Employees shall not accumulate beyond these set limits within the specified periods..
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AVAILMENT & USAGE. Usage Guidelines. CTO credits may be used in multiples of:.
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VALIDITY LIFE CYCLE. Earning Phase. Credits earned within the current calendar year..
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SPECIAL CTO (SCTO). Applicable during natural calamities (e.g. typhoons) or urgent projects with strict timelines onsite..
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CRITICAL PROVISIONS. Retention on Promotion: Employees retain accrued credits even upon promotion to higher levels..
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Please contact PPDD Administrative Unit. Any Questions?.