COLA For TeachersCost of Living AllowanceEducational Guides

COLA For Teachers

Here is all about the COLA For Teachers. Below is a detailed explanation of the COLA For Teachers, Its implementation and payment details.

 

Kindly Share With  The Whatsapp Share Button Below This Article. You can join our Telegram Group For Teachers. Here is the Group: >>> Teacher Discussion Forum  <<

 

Recommended

 

Table of Contents

What Is COLA For Teachers

  • Cost of Living Allowance abbreviated as COLA For Teachers, is an allowance given to government employees as short-term relief when immediate salary increment cannot be made.
  • Due to this the payment of COLA For Teachers, stops as soon as salary is increased.
  • Due to to the economic pressure on government, it would not be able to increase salaries by the 20% being demanded by teachers. As a smart move, the teacher unions are demanding it as a COLA For Teachers instead.
🔥  How To Buy WAEC Scratch Card Online 2022/2023

 

Payment Of COLA For Teachers

  • It is easier to convince government to pay a 20% COLA For Teachers than a 20% salary because the Cost of Living Allowance is temporal and may be scraped as soon as there is any increment in salary.
  • Also the COLA For Teachers will not be affected incase International Monetary Fund (IMF) lays embargo on public sector salary increment as a condition.

 

About COLA For Teachers

  • This is not the first time COLA For Teachers is being demanded or to be paid to workers. Previous governments paid COLA for up to three years without salary increment and was removed as soon as a salary was increased
🔥  How To Check WAEC Results 2022/2023

 

Related Searches

  • Cost of Living Allowance 2022/2023, Cost of Living Allowance For Teachers 2022/2023, COLA For Teachers 2022/2023, Payment of Cost of Living Allowance 2022/2023, Payment of COLA For Teachers 2022/2023
  • Cost of Living Allowance 2023/2024, Cost of Living Allowance For Teachers 2023/2024, COLA For Teachers 2023/2024, Payment of Cost of Living Allowance 2023/2024, Payment of COLA For Teachers 2023/2024

One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button