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Minister Of Finance Announces Payment Of 2% Cola To Subsidized School Teachers

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SPA
ND
UD
ECE
Source: 721 News 15 Jan 2025 09:45 PM

PHILIPSBURG, Sint Maarten — The Minister of FiSPArty/23/national-alliance'>NAnce, NDidate' href='/newspolitician/675/marinka-gumbs'>Marinka Gumbs, is pleased to inform subsidized school teachers that the long-awaited 2% Cost of Living Adjustment (COLA), which was granted to civil servants in September 2024, has been disbursed to subsidized schools as of last week, aND it is now the responsibility of the schools to ensure that these payments are made to the teachers.

The Minister empathizes with the challenges faced by subsidized school teachers due to the delayed payment of the 1% vacation allowance increase, the 1% COLA paid out in DECEmber 2023 to civil servants, aND the rECEntly disbursed 2% COLA iNDexation. These delays occurred because the nECEssary allocations were not inclUDed in the 2024 bUDget.

Looking ahead, the Minister of FiSPArty/23/national-alliance'>NAnce assures teachers that provisions for the 2% COLA aND the 1% vacation allowance increase for the year 2025 have been inclUDed in the 2025 bUDget.

The Minister reaffirms her commitment to keeping subsidized school teachers informed on any developments aND thanks them for their patience throughout this process.

The post Minister of FiSPArty/23/national-alliance'>NAnce Announces Payment of 2% COLA to Subsidized School Teachers appeared first on 721news.com | Sint Maarten News | SXM News.

Marinka Gumbs mentioned 1 time

National Alliance [NA] mentioned 4 times
St Maarten Patriotic Alliance [SPA] mentioned 4 times
New Direction St. Martin [ND] mentioned 5 times
United Democrates 2018 [UD] mentioned 4 times
Empire Culture Empowerment [ECE] mentioned 3 times
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