Federal Committee Reaches Landmark Agreement on Consolidated Salary Structure
A federal committee has agreed on a new consolidated salary structure, benefiting federal workers. The agreement outlines the following:
– *Revised Salary Percentages*:
– CONPSS 01-06: 80.81% – 64.73%
– CONPSS 07-14: 45.59% – 19.35%
– CONPSS 15-17: 14.35% – 4.41%
– *Key Implementation Details*:
– The National Salaries, Incomes and Wages Commission (NSIWC) will generate salary templates for other consolidated salary structures ¹.
– Implementation effective date: July 29, 2024.
– Payment of wage awards will continue until July 28, 2024.
– *Federal Government Support*:
– Measures to alleviate federal workers’ plight due to PMS increase, including tax waivers and incentives.
– NSIWC to monitor implementation in line with the Act.
This agreement aims to promote fairness and address the economic challenges faced by federal workers. Stay updated for further developments.
Source: National Salaries, Incomes and Wages Commission (NSIWC) ¹