"Periodic furniture allowance: the total monetary compensation provided to employees who are reimbursed a monetary value for their housing allowance to utilize for furnishing their homes" ate kai, i think the 'are' word is misused in this sentence.
may allowance for buying furniture on a period designated by the company. similar to sa clothing allowance ng mga gov't employees. instead na ibigay ang furniture mismo, may equivalent na pera nang ibibigay ang company na magagamit ng employees to buy furniture for their homes.