Punjab Education Foundation Bans Cash Payments for Teachers Salaries

The Punjab Education Foundation (PEF) has announced an immediate ban on cash payments for teachers' salaries. Moving forward, all payments will be processed online or via bank accounts to ensure transparency and efficiency in the payment system.

Key Highlights

• Immediate ban on cash payments for teachers’ salaries.

• Online or bank account transfers mandated for all payments.

• Teachers’ Information System (TIS) to maintain salary records.

• Strict penalties for non-compliance, including license cancellations.

• Over 5,000 schools outsourced in the first phase, benefiting 10,000 teachers across Punjab.

Impact of the New Payment System

Transparency and Accountability

With the implementation of the Teachers’ Information System (TIS), salary records will be digitally maintained, ensuring transparency and reducing financial mismanagement.

Compliance and Penalties

Schools that fail to comply with the new salary payment procedure will face strict action, including possible cancellation of their licenses.

Enhanced Financial Security for Teachers

Moving to digital payments ensures that teachers receive their salaries on time, securely, and without the risk of cash mishandling.

Comparison: Old vs. New Salary Payment System

Steps for Schools to Transition to Online Payments

1. Open Bank Accounts: Schools must ensure all teachers have valid bank accounts.

2. Register on TIS: Schools must upload payment records to the Teachers’ Information System.

3. Verify Payments: Salaries should be processed through bank transfers or digital wallets.

4. Report Compliance: Schools must submit proof of payments to PEF regularly.