When Will COLA Be Paid
The government has agreed to pay a 15% COLA with effect from 1st July , 2022 after a meeting with Organised Labour.
The COLA will be paid at a rate of 15% of base pay.
This is as made known at a press briefing in Accra on Thursday July 14th, 2022 after negotiations between the government and Organised Labour was concluded.
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About COLA
- Teaching and non teaching staff in Ghana embarked on strike on July 4th, 2022 demanding a COLA 20% from government.
- Their leadership represented by Organised Labour had insisted on a 20% COLA however during the negotiations it was reduced by 5% to make it 15%.
- An earlier meeting between government and the leadership of teacher unions ended in a walkout by leadership of teacher unions.
- However after another meeting in Accra on Thursday July 14th, 2022, negotiations were fruitful and government agreed to pay a 15%
When Will COLA Be Paid
- Since the 15% COLA takes effect from 1st July , 2022 it will be paid by the end of July
- The 15% cola is most likely be added to the salary of July
- All things being equal, the Govt 15% cola will be paid by 31st July , 2022
How To Calculate 15% COLA
What Is Base Pay
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