4 Guam Code Ann. § 6203
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In 4 Guam Code Ann. § 6203
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
Superior performance by a classified employee in Grades A through V shall be rewarded by a lump sum bonus based on an amount equivalent to 3.5% of the employee’s based salary. The merit bonus shall be automatic upon a superior rating evaluation conducted for increment purposes. The merit bonus is in addition to the increment provided under § 6102 and is limited to the fiscal year in which superior performance is rendered.
SOURCE: GC § 4103.2 added by P.L. 16-111:II:20 (Oct. 7, 1982). Repealed and reenacted by P.L. 21-059:7(Sept. 27, 1991).