{"id":82823,"date":"2015-01-16T12:11:07","date_gmt":"2015-01-16T12:11:07","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=82823"},"modified":"2015-01-16T12:26:09","modified_gmt":"2015-01-16T12:26:09","slug":"dont-sign-pensions-act-law-just-yet-workers-mahama","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=82823","title":{"rendered":"Don&#8217;t approve Pensions Act amendments yet &#8211; Workers to Mahama"},"content":{"rendered":"<p>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.<\/p>\n<p>The w<span style=\"color: #333333;\">orkers are <span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/12\/23\/pension-act-amendment-provokes-workers\/\" target=\"_blank\"><strong>crying foul<\/strong> <\/a><\/span>over the amendments proposed by the Ministry of Employment, which they believe will cause a decrease in their\u00a0<\/span>tier-one pension funds.<\/p>\n<p>[contextly_sidebar id=&#8221;gfqxCWtG4zKvqjnpcXvRHQXaXpKLj04W&#8221;]The Media Liaison Officer for the Forum of Public Sector Workers, Ernest Boateng told <strong>Citi News<\/strong>: &#8220;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.&#8221;<\/p>\n<div style=\"text-align: justify;\">According to Mr. Boateng, the decision to reduce their pension claims was borne out of a reduction in the percentage of contributions allocated to the Social Security and National Insurance Trust (SSNIT), which he viewed as unacceptable.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">\n<p>&#8220;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,&#8221; he stated.The Chairman of the Finance Committee in Parliament, Mr James Klutse Avedzi, had earlier\u00a0<a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/12\/24\/pension-act-amendment-best-interest-workers-parliament\/\" target=\"_blank\"><span style=\"color: #666699;\"><strong>defended the amendment<\/strong><\/span><\/a> of the Pensions Act, arguing that it was in the best interest of workers.<\/p>\n<\/div>\n<div style=\"text-align: justify;\">\n<div>&#8220;[The workers] should know that me as a chairman of the finance committee, I am a contributor and my interest is there as well, and therefore I will not sit on that committee and do something that will go to the disadvantage of contributors for which I am a beneficiary, he said on <strong>Eyewitness News<\/strong> last Tuesday.<\/div>\n<div><\/div>\n<div>The Trades Union Congress (TUC) has also waded into the debate and called on the President <a href=\"http:\/\/4cd.e16.myftpupload.com\/2015\/01\/08\/dont-sign-rushed-pensions-bill-into-law-tuc-to-mahama\/\" target=\"_blank\"><span style=\"color: #666699;\"><strong>not to sign the amendment<\/strong><\/span><\/a> of the new law until the social partners and other stakeholders exhaust consultations on the proposed amendments.<\/div>\n<div><\/div>\n<\/div>\n<p style=\"text-align: justify;\">By: Edwin Kwakofi\/citifmonline.com\/Ghana<\/p>\n<p><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/EdKwakofi\" data-show-count=\"false\">Follow @EdKwakofi<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u00a0tier-one pension funds. [contextly_sidebar id=&#8221;gfqxCWtG4zKvqjnpcXvRHQXaXpKLj04W&#8221;]The Media Liaison Officer [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[38,17],"class_list":["post-82823","post","type-post","status-publish","format-standard","hentry","tag-palaver-newspaper","tag-wassa-akropong"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/82823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82823"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/82823\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}