President, Deputy President, Cabinet Secretaries, and Members of Parliament (MPs), are all geared up to pocket a salary hike, starting next month.
This proposal by the Salaries and Remuneration Commission (SRC) aims to shield them from the high cost of living that’s been eating away at their income.
If given the green light, this pay bump would bring some much-needed relief from the high inflation that’s been chipping away at the purchasing power of individuals, especially folks who work for a salary, those doing part-time gigs, and those hustling in the informal sector.
According to the proposal, President William Ruto’s monthly paycheck would increase by 7.1 percent come July 2023, reaching a cool Sh1,546,875. In 2024, the salary will increase to Sh1,650,000.
Deputy President Rigathi Gachagua’s monthly salary would increase to Sh1,367,438 from July 1 and eventually settle at Sh1,402,500 from July 2024.
That represents a 14.3 percent boost over the two-year period!
The Cabinet Secretaries are also in for a raise. Their monthly salary would jump to Sh1,056,000 starting from July 1, 2024, from the current Sh924,000.
Members of Parliament, including senators will be raking in Sh741,003 and Sh769,201, respectively, representing a solid 8.3 percent increase from the current Sh710,000.
Governors will be treated to a salary boost from the current monthly gross pay of Sh924,000 to Sh1,056,000 by July 2024.
Members of the County Assembly will enjoy a generous 14 per cent increase in their monthly pay, taking home Sh164,588 instead of the current Sh144,375.
Other bigwigs in the government such as principal secretaries, the Chief Justice, the Deputy Chief Justice, the Auditor-General, judges, the Director of Public Prosecutions, the Inspector-General of Police, and chairpersons of key commissions like the Independent Electoral and Boundaries Commission, are all set to enjoy a salary boost as well.