Teachers’ multi-year agreement implemented

Georgetown : Finance Minister Dr. Ashni Singh announced that thousands of teachers across Guyana will start receiving benefits this month under the multi-year agreement concluded between the Government of Guyana and the Guyana Teachers’ Union (GYU) earlier this year. 
In making the announcement, Minister Singh said he had instructed that funds be released by his Ministry to the relevant agencies and that the applicable payrolls be processed to implement the terms of the agreement. The Minister stated that, this having been done and other required administrative steps having been taken, Guyana’s teachers would commence receiving the benefits provided for under the agreement when they receive their salaries for July, which are expected to be paid from next week.
Under the agreement teachers will receive a five percent across-the-board increase in salary for 2011 with effect from January 1, 2011. In addition, the five-year agreement provides for a similar five percent across the board increase in salary to be paid in each of the years from 2012 to 2015. The agreement also provides increased remuneration for teachers who have improved their qualifications, and grants increases in the station and hardlying allowances paid to eligible teachers. The previous five-year agreement covered the years 2006-2010, while the current agreement covers the period 2011-2015.