Full agreement on COLA by Organized Labour and Government

Government and Organised Labour have concluded negotiations for Cost of Living Allowance (COLA).
Government and Organised Labour have concluded negotiations for Cost of Living Allowance (COLA).

Government and Organised Labour have concluded negotiations for Cost of Living Allowance (COLA).

A 15% Cost of Living Allowance has been agreed on by the parties effective July 1, 2022.

Government who is keen on mitigating the impact of global challenges on the people of Ghana reached the agreement with Organized Labour in a meeting held today, Thursday, 14th July, 2022 between government of Ghana and Organized Labour.

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The Government of Ghana, represented by the Fair Wages and Salaries Commission
FWSC), Ministry of Finance (MoF), Ministry of Employment and Labour Relations (MELR), Ministry of Education and Ministry of National Security (hereinafter called The Employer) of the one part, AND Organized Labour comprising identifiable Workers Unions and Associations within the Public Service of Ghana (hereinafter called (Labour) of the other part.

Whereas the parties negotiated on the Cost of Living Allowance (COLA) for workers in the Public Service and reached consensus for 2022 as follows:

TERMS OF AGREEMENT

1. That the Cost of Living Allowance (COLA) will be paid at a rate of 15% of base pay.

2. That the effective date for payment of the COLA is 1st July, 2022.

3. That all industrial actions underway and threats of same will be called off immediately and that Labour would return to work forthwith.

This agreement was confirmed by Teacher Unions in a statement issued by the General Secretary of the Ghana National Association of Teachers (GNAT) to teachers.

In a statement, the General Secretary of GNAT Thomas Tanko Musah said, “We wish to inform all our members that 15% has been agreed today July 14, 2022 on the demand for COLA, between the Government and Organized Labour, effective July 1, 2022. Thanks for your support! God bless you. Solidarity forever.”

READ THE AGREEMENT BELOW 

SOURCE: Coverghana.com.gh

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