Public sector workers have called on President John Dramani Mahama to reject the amendments approved by the Parliament to the Pensions act 2008, Act 766.
The workers are crying foul over the amendments proposed by the Ministry of Employment, which they believe will cause a decrease in their tier-one pension funds.
[contextly_sidebar id=”gfqxCWtG4zKvqjnpcXvRHQXaXpKLj04W”]The Media Liaison Officer for the Forum of Public Sector Workers, Ernest Boateng told Citi News: “The government, through the Ministry of Employment, has gone to Parliament to reduce our percentage from a minimum of 50 percent to 37 .5 percent, and a maximum of 80 percent to 60 percent. That is going to make pensioners worse off.”
“The argument that the Minister added to the memorandum that followed the amendment was that SSNIT was now receiving a reduced percentage contribution of 11 percent and so by their calculation they have to reduce our pension rights in order to sustain SSNIT. And we have a different view that, that is not correct,” he stated.The Chairman of the Finance Committee in Parliament, Mr James Klutse Avedzi, had earlier defended the amendment of the Pensions Act, arguing that it was in the best interest of workers.
By: Edwin Kwakofi/citifmonline.com/Ghana