Five percent salary hike would be granted to all public sector employees with effect from January as the President declared in his Budget speech, said Public Administration and Home Affairs Minister W D J Seneviratne.
Addressing a media conference at the Ministry premises yesterday the Minister said Rs 600 added to the Cost of Living (COL) would also be granted from this month.
“Accordingly, the salary of most of the public servants will be increased by Rs 1500. The COL will be increased from Rs 5,250 to Rs 5,850. However, executive level officers will receive the COL addition from July onwards,” he said.