PSD announces mid-year bonuses of 0.3 months and one-time payment of up to S$400 for civil servants in Singapore

Singapore’s civil servants will receive mid-year bonuses, with a 0.3-month Annual Variable Component (AVC) and junior grade officers to get an additional one-time payment of up to S$400. The Public Service Division (PSD) said the decision “takes into consideration the weakened economic outlook, and significant downside risks that remain in the global economy.”