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Government outlines incentives for teachers and public officers to take salary cuts

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Posted: Wednesday, April 21, 2021. 9:58 am CST.

By Benjamin Flowers: The Government of Belize (GOB) has reportedly presented a number of options to the joint union negotiating team (JUNT) as incentives for accepting the 10 percent salary cut and three-year increment freeze. 

Government sources confirmed to Breaking Belize News (BBN) that the incentives include the unions’ choice of either compensation in the form of land for those affected by the salary cut; a credit note from GOB which they could use to pay off loans and mortgages within seven to 10 years; or a promissory note from government which covers the full amount of salaries lost over the three-year period, which they could then cash out.

The source went on to say that these proposals were presented to the JUNT on Friday leaving the unions to present the options for their respective memberships and the chosen option would be fleshed out.

The incentives reportedly form a part of the government’s overall strategy to enhance Belize’s fiscal position by saving some $80 million within the next three years, in collaboration with the public service. GOB noted in its latest ad regarding negotiations that it could end the current impasse with the JUNT at any time by simply removing the salary cuts and increment freezes; however,  doing so would be fiscally irresponsible and would place the entire economy at greater risk for collapse.

 

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