Latest Automatic Salary Deductions On TSC Teacher Payslips .
Latest Automatic Salary Deductions On TSC Teacher Payslips . Understanding Automatic Salary Deductions on TSC Payslips: A Guide for Teachers
The Teachers Service Commission (TSC) in Kenya deducts various amounts from teachers’ monthly salaries, organized into three main categories: statutory deductions, loan repayments, and optional or third-party contributions. Each category serves a distinct purpose, from fulfilling legal obligations to repaying loans and accessing additional benefits.
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1. Statutory Deductions
These mandatory deductions align with government regulations and include:
– Pay As You Earn (PAYE): Income tax deducted based on earnings, with a progressive rate that increases with higher salary brackets.
– National Social Security Fund (NSSF): Monthly contributions for retirement benefits, with rates depending on job group and salary.
– National Hospital Insurance Fund (NHIF): Health coverage contributions, varying by salary level, which help cover medical costs at NHIF-accredited facilities.
2. Loan Repayments
To support financial goals, many teachers access loans for personal, educational, or housing needs, with the TSC directly facilitating repayments through:
– SACCO Loan Deductions: Monthly repayments for loans obtained from SACCOs, covering both principal and interest.
– Bank Loan Deductions: Agreements with banks allow for direct salary deductions, reducing the risk of loan defaults.
– Higher Education Loans Board (HELB) Repayments: Former HELB beneficiaries repay their loans with automatic monthly deductions.
3. Optional and Third-Party Deductions
Teachers can voluntarily opt into additional services, such as:
– Insurance Premiums: Monthly premiums for extra health or life insurance, often extending coverage to family members.
– Union Dues: Contributions to unions like KNUT or KUPPET, supporting collective bargaining and other union activities.
– Welfare Contributions: Voluntary contributions to welfare programs within TSC or SACCOs, providing support in emergencies or bereavement.
Teachers can view their deductions through the TSC’s online TPAY system, offering clear, itemized details that promote financial transparency. This system enables teachers to manage their finances, confirm deductions, resolve any discrepancies, and make informed decisions for financial stability.
