Mon | May 1, 2017

Teachers get back money

Published:Monday | December 1, 2014 | 12:00 AM

The Ministry of Education said that as of last Friday, it provided a total of $90.1 million to bursar-paid institutions to pay outstanding salary arrears to teachers in 26 schools.

The ministry said the transfer of the funds facilitated the completion of payments to teachers in all bursar-paid institutions.

As it relates to bursar-paid teachers, the ministry said, ?The payment of the last tranche of approximately $500 million in salary arrears from the 2007-2008 Heads of Agreement has been accompanied by a tedious audit of each teacher?s paper-based accounting records by the Ministry of Finance.

?Although the bulk of the country?s 27,000 teachers had already received their salary arrears at the end of October, payments were still outstanding to teachers in 22 institutions,? the ministry said.

Elaine Foster-Allen, permanent secretary in the Ministry of Education, has instructed principals to pay out the outstanding arrears to teachers in the remaining bursar-paid institutions based on their preliminary calculations pending the completion of the verification process by the external auditors. She said institutions needing additional funds to make these payments should apply to the Ministry of Education immediately.