How often are public officials required to file their Statement of Assets, Liabilities, and Net Worth (SALNs)?

Public officials are required to file their Statement of Assets, Liabilities, and Net Worth (SALNs) annually, as well as upon specific events such as assuming office, resigning, or retiring. This provision is essential to ensure transparency and accountability in the public service, allowing for regular assessment of public officials' financial positions.

The requirement to file annually serves to keep the public informed about the financial interests of public officials, thereby promoting integrity and preventing corruption. The additional stipulation that a SALN must be filed upon assuming office, resignation, or retirement emphasizes the importance of accountability at critical transitional moments in a public official's career. This comprehensive filing schedule helps maintain a clear record of a public official's wealth and obligations, contributing to the overall ethical standards within public service.