In his New Year's message, the Prime Minister confirmed that there will be a raise for Teachers and public officers - specifically, 50 cents out of every additional dollar of recurrent revenue - though there's no telling right now how much that will work out to be. The PM says it will be "substantial." And today the Teachers' Union President Luke Palacio issued a release saying that sounds just right to them.
It says, "this salary adjustment; is one that we have already worked tirelessly for. It is also one which would close the economic gap; created by the contraction of our spending power, brought on as a consequence of inflation and the high cost of living. Our salary adjustment, once obtained, would benefit all."
Developing on the theme of entitlement, it adds, "We must be respected and paid our fair share from our nation's coffers."
The final figure for the increase likely will not be known until mid - 2014, but it would be paid retroactive to the beginning of the fiscal year in April 2014.
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