New 15% COLA payment date plus other new details out
Public sector workers secured a 15% COLA on 14th July 2022 however, the latest update on the COLA payment is that the leadership of GNAT has confirmed the agreement will end in December 2022.
This was contained in a series of text messages sent to GNAT members by the leadership. GNAT made the update public via a Memo sent to its members on August 17th, 2022. According to GNAT, the government will commence the payment of the Cost of Living Allowance agreed on in July at the end of August.
All public sector workers are therefore expected to see the COLA reflect on their payslips and salaries paid into their respective bank accounts this month.
The Ghana National Association of Ghana (GNAT) has said that the 2022 Cost of Living Allowance that was negotiated to be paid for public sector workers shall end in December 2022.
New 15% COLA payment date plus other new details out – Two messages from GNAT confirmed the above details.
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“UNION ALERT! Comrades, you are hereby informed that COLA will be paid effective August 2022. Thomas T. Musah General Secretary-GNAT”
“Dear Comrades, Please after August COLA payment, we shall be left with five (5) months outstanding including JULY 2022. Thanks. Thomas T. Musah General Secretary-GNAT”
Read: Salary Validation for July Starts Without COLA: Check Reasons Here
The above update means the government will be freed from the COLA obligations after it has paid the July to December 2022 allowances.
The current free fall of the cedi against other hard foreign currencies and the announced upward adjustment in utility prices is expected to further deplete the 15% COLA and the relief it was expected to bring to public sector workers.
