Funding for teachers’ pay rise agreed

A hefty rise in teachers’ salaries is to be partly funded by a small increase in college and university tuition fees, the Volkskrant reports on Friday.

‘I am a happy person,’ education minister Ronald Plasterk told the paper after ministers agreed on how to fund the pay package, which is set to cost €1bn by 2015.
Experts say the salary increase is necessary to combat the looming shortage of teachers.
Students currently pay €1,538 a year in tuition fees and this will go up by €22 under the new agreement, generating €100m.
More money will come from gas reserve revenues (€90m) and the education ministry’s own budget (€250m).
The rest of the cash will be earned back by slashing the extra holiday entitlement for older teachers. Teachers aged over 52 currently get the equivalent of an extra 21 days a year and those over 56 get 42 days, the paper says.

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