The Ministry of Finance revealed in a statement on December 14 that a one off tax free payment of fifty thousand ($50,000.) will be made to all active public sector workers earning less than five hundred thousand dollars($500,000.) monthly.
This payment will be effected in December, the Finance Ministry revealed. Some 30,700 public sector workers including nurses, teachers, members of the Disciplined Services and semi-autonomous agencies will benefit.
It was noted that in the seven months since the new Administration took Office, public servants earning over $50,000 received between a 15 and six percent salary increase, with those on the lower end of the scale receiving the higher percentage increase.
Additionally, the minimum basic salary was increased to $50,000 from $42,703 and those who had still been receiving the older minimum wage of $39,540 were also brought in line. These increases were all catered for in the 2015 National Budget.”