Teachers to get their Mwalimu SACCO dividends from next week
For a quite some time this year, teacher’s country wide have been eagerly waiting for their mwalimu SACCO dividends for the year 2020. This year, unlike the past years, the dividends have taken abnormally long to be credited into the teachers SACCO accounts, despite some teachers having earned an advance on the dividends. Some malicious sources have rumoured that the delay could be because the SACCO is falling, assertions which cannot be believed since the SACCO is growing daily, and continues to give desired loans to teachers. The main reason for the delay could be due to the effects of covid-19, which have caused rotational attendance at some work places, and mwalimu sacco could not be spared.
How To Withdraw Membership From Mwalimu National SACCO Before Retirement
Top 10 Best SACCOS Teachers Should Try
Senate On A Rescue Mission To Save Teachers’ Savings From The Sinking Spire Bank
TSC Plans To Review its 2021-2025 CBA Counter Proposal
KUPPET Adjusts its 2021-2025 CBA Basic Salary Proposal
KUPPET Demands a 2021-2025 CBA Counter Offer From SRC
Win for Classroom Teachers as TSC Confirms Plans to develop new job descriptions
Conclusions Of KUPPET-TSC Sawela Hotel Retreat
Sources privy to Mwalimu SACCO have revealed that the SACCO is planning to credit the dividends into members’ accounts starting next week. By the end of the week, teachers would have earned their 2020 mwalimu SACCO dividends. Once credited, members will receive an alert from the SACCO, informing them about the amount credited, which will be calculated as a percentage of the total shares the member had as at October 2020. It is not clear how the shares will be calculated this year since the percentage changes year, depending on a number of factors.
So far, quite a number of SACCOS have paid dividends to their members at rates ranging between 8 %- 10 %. Mwalimu SACCO rates also could be between the given ranges. Details about the rates will be shared next week.
SRC Releases Draft Allowances Policy: Civil Servants Favoured
SRC Job Group Evaluation Favours Classroom Teachers
Salary and allowances for newly employed TSC teachers
TSC Promotion Interviews 2021 Results
Basic Salary Increments Per Job Group As Per The 2021-2025 TSC CBA Proposal
Thanks for reading our article. Funds From this blog goes towards needy children. Kindly Support them by clicking the button below: