| First It Was 3%, In Latest Letter To Unions, GOB Offering 4% Increase |
| Thu, June 5, 2025 |
| Earlier in the news, we told you that the joint unions hadn’t received a counteroffer as yet. Well, it finally came late this evening singed by Minister of State for Finance Chris Coye. Of the 7 points listed, GOB and the JUNT came to an agreement on 6 of them, with the exception being the phased salary increase... |
Earlier in the news, we told you that the joint unions hadn't received a counteroffer as yet. Well, it finally came late this evening singed by Minister of State for Finance Chris Coye. Of the 7 points listed, GOB and the JUNT came to an agreement on 6 of them, with the exception being the phased salary increase. The unions rejected the first offer of a 3% increase in the next fiscal year and the eventual unfreezing of increments. In this new letter from the government, they decline the request for the full 8.5% salary and pension increase for public workers, citing the projected $60 million dollar annual cost as fiscally unsustainable.
Instead, Cabinet has approved another phased package of increases beginning October 1, 2025, including: A 4% salary increase, an additional increment in fiscal year 2026/27, and a further 4.5% increase phased over two years.
These are conditional on pension reform, cost-saving measures, and performance-based criteria. Pension reform will begin with a contributory scheme for new hires in October 2025 and later extend to existing workers.
The letter also reiterates that only two missed increments are under consideration, not three. They emphasized that the government never agreed to restore past increments but they did resume them earlier than promised and commits to paying the two outstanding ones if fiscally viable.
The unions have announced an emergency general memebrshiip meeting for tonight.
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