Teachers’ Housing Levy Deductions per Job Group July 2023
Teachers’ Housing Levy Deductions per Job Group July 2023. The new housing levy lowers teacher salary, and we’ll keep you informed of the most latest facts about how it will affect things starting in July 2023.
Principals presently make the most money out of all Kenyan teachers, with monthly wages ranging from Sh131,380 to Sh157,656.
The lowest paid school instructors are Primary teachers II. The monthly salary for teachers of Grade B5 (T-Scale 5) ranges from Ksh 21,756 to Ksh 27,195.
Employers are not required to contribute to the new housing levy; rather, employees are required to contribute 1.5% of their gross monthly salary.
If a corporation misses a housing levy payment date, it will be assessed a monthly penalty equivalent to 2% of the amount past due.
The teachers’ employer TSC has put forth a fee to help finance the government’s ambitious plan to build 250,000 affordable homes per year.
For more information a teacher can visit www.tsc.go.ke
Teachers’ Housing Levy Deductions per Job Group July 2023
House levy deductions from TSC.
