Exercise 16-A: Employee Benefit Classification

1. You receive your monthly salary as a government employee.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. A government worker will receive a GSIS pension upon retirement.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. An employee will get a loyalty award after 10 years of service.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. An employee is retrenched and receives a lump sum separation pay.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. A government employee uses paid sick leave.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. After retiring, a government employee gets free medical care.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. A performance bonus that will be paid after 3 years of meeting targets.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. A government employee receives transportation allowance while employed.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. After being laid off, a worker is paid monthly until they find new employment.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits

1. An employee is given a one-time payment when their position is abolished due to agency reorganization.

• Short-term employee benefits

• Post-employment benefits

• Other long-term employee benefits

• Termination benefits