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TSC Modifies Teachers’ Salaries and Deductions in July

TSC Modifies Teachers’ Salaries and Deductions in July

Beginning in July 2023, teachers who work for the Teachers Service Commission (TSC) will also get bonuses on top of their base income. On their payslips, teachers will see an increase in basic salary of 7%.

All government workers, including teachers and civil staff, will start seeing pay increases of 7 to 10% on July 1st. The Salaries and Remuneration Commission (SRC) was directed by the government to take this action.

Nevertheless, there will be a lot of pay cuts, some of which will take effect in July, notwithstanding the incentives.

Mandatory Deductions:

Pay As You Earn (30%): Taxes will be deducted at a 30% rate from instructors’ gross wages. The deduction is done in accordance with employment categories, going from lowest (B5) to highest (D5).

Teachers who are 45 years of age or younger must have 7.5% of their basic pay deducted for the Public Service Superannuation Scheme (PSSS). In this defined contribution pension plan, both the employer and the employee make contributions.

Teachers can access their accounts’ information by dialing the USSD code *378#, entering their ID number, and creating a password. They can review their provident fund contributions and look at the amount, the recipients, and any changes.

Teachers’ Salaries and Deductions are Modified by TSC in July

deductions made by associations

2% of the base salary of primary school teachers will be deducted for KNUT, KUPPET, KUSNET, and KEWOTA. There will be a 1.8 percent KUPPET deduction for teachers in secondary and higher education. There will be a 1.45% KUSNET cut for special education teachers. Teachers will also give KEWOTA 200 units of money in forfeiture.

Housing Fund (1.5%): Starting in July, a new House Levy deduction of 1.5 percent will be made from teachers’ salary.

Loan payback deductions will appear on teachers’ pay stubs who hold loans from banks, cooperatives, or microfinance organizations. Teachers who purchased the insurance policies can also see deductions if they have any payment requirements.

Personal loan interest rates have increased from 9.5% to 10.5%, according to the Central Bank of Kenya (CBK). Therefore, interest rates on loans requested by teachers will be higher.

Higher interest rates will increase the cost of goods offered on the market in addition to making it more expensive for educators to repay loans.

Since 2016, this loan rate has remained the highest for the CBK.

In order to ensure that everyone receives a fair compensation, President William Ruto urged the National Hospital Insurance Fund (NHIF). According to the proposed plan, Kenyans would start contributing 2.75 percent of their gross income to the national insurance program on June 26, 2023.

TSC Modifies Teachers’ Salaries and Deductions in July

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