What's the new net take-home pay of teachers in 2018? | ABS-CBN

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What's the new net take-home pay of teachers in 2018?

ABS-CBN News

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MANILA - Teachers will receive higher net take-home pay and allowances starting this month as the tax reform and other new laws take effect, the Department of Education (DepEd) said on Friday.

A Teacher 1 (Salary Grade 11) without dependents will receive a gross basic salary of P20,179 and a net take home pay (NTHP) of P20,012.89 from the previous basic salary of P19,620 and take- home pay of P17,220.86, DepEd said.

The rate is inclusive of the benefits from the Personnel Economic Relief Allowance (PERA), the TRAIN law income tax exemption, and the 3rd tranche of the Salary Standardization Law (SSL) of 2015.

For 2018, teachers can expect a total net increase of 16.21 percent or P2,792.03 per month, the agency said.

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In addition, the annual “chalk allowance,” intended for the purchase of classroom supplies, was raised to P3,500 from P2,500, and the clothing allowance also increased to P6,000 from P5,000.

Last year, President Rodrigo Duterte promised a salary increase for teachers following his wage hike promise to police officers and soldiers.

The higher salary rate for the troops will take effect this month.

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