2022: Government and Labour Unions finally agreed on a 15% COLA

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EducationGhana| July 14|2022: Government and Labour Unions finally agreed on a 15% COLA:

The government and the organised labour on Thursday, July 14, 2022, have agreed on a 15% payment of Cost of Living Allowances (COLA) to all government workers.

The payment is scheduled to take effect from July 1`, 2022.

Read Agreement below

AGREEMENT ON COST OF LIVING ALLOWANCE (COLA) THIS AGREEMENT is made this 14th day of July 2022

BETWEEN

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 comprises 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 a 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 1 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.

IN WITNESS of the Parties herein have set their names and hands this 14th day of

July 2022

 

HON. IONATIUS BAFFOUR AWUAH (MP)

Minister for Employment and Labour Relations

DR. ANTHONY YAW BAAH Secretary General, TUC For Organized Labour

PERPETUAL OFORI-AMPOFO

President, GRNMA For Organised Labour

HON. KEN ORORI-ATTA Minister for Finance

ING BENJAMIN ARTHUR Chief Executive, FWSC

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