Early Payday Alert: TSC Releases December Salaries – Check Banks Paying Out By Today .
Early Payday Alert: TSC Releases December Salaries – Check Banks Paying Out By Today . Early Christmas Cheer: Teachers to Receive December Salaries Ahead of Time
The Teachers Service Commission (TSC) has given teachers an early Christmas treat by processing December 2024 salaries earlier than usual. According to TSC sources, teachers can expect their pay this Friday, ensuring a stress-free holiday season.
The TSC officially closed the December payroll yesterday, paving the way for prompt salary deposits. Alongside this, third-party deductions such as bank loans, insurance premiums, union fees, and HELB repayments have also been processed.
Read Also: TSC To Starts Teacher Replacements Issues MPs With PnP Employment Letters
But that’s not all! January promises an additional perk for teachers, as they will receive their annual leave allowances alongside their salaries. These allowances are determined by job groups, with teachers earning between Ksh4,000 and Ksh10,000 depending on their grade.
Read Also: TSC Asks P1 Teachers To Get The Following Documents Ready In Readiness To January’s Mass Recruitment
Leave Allowance Rates by Job Group
– Grade B5 – C1: Ksh4,000
– Grade C2 – C5: Ksh6,000
– Grade D1 – D5: Ksh10,000
However, February 2025 will bring a slight pinch to teachers’ pockets as the government implements increased deductions under the NSSF Act of 2013. Employees will now contribute 6% of their gross salaries , doubling the previous maximum contribution to Ksh4,320 monthly. This adjustment is part of the government’s strategy to boost pension funds.
For instance, a teacher earning Ksh40,000 will take home Ksh32,000 after deductions for NSSF, PAYE, and other statutory contributions. Despite this, the government maintains that these deductions aim to enhance long-term financial security for workers.
This development comes amidst broader tax reform measures, with the National Treasury introducing various bills aimed at addressing the national budget deficit.
While February might bring tighter budgets, teachers can still enjoy a financially secure Christmas and New Year, courtesy of TSC’s early salary payments.
Stay tuned for updates on allowances, promotions, and more developments affecting the education sector!
