{"id":353476,"date":"2017-09-14T13:17:06","date_gmt":"2017-09-14T13:17:06","guid":{"rendered":"http:\/\/citifmonline.com\/?p=353476"},"modified":"2017-11-10T11:23:55","modified_gmt":"2017-11-10T11:23:55","slug":"labour-unions-threaten-strike-over-tier-2-pension","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/09\/labour-unions-threaten-strike-over-tier-2-pension\/","title":{"rendered":"Labour unions threaten strike over tier-2 pension"},"content":{"rendered":"<p>Twelve public sector labour unions have threatened to embark on an indefinite strike on September 29.<\/p>\n<p>The strike is to protest government&#8217;s handling of their tier-2 pension contributions.<\/p>\n<p>The unions include the Ghana Medical Association, the Civil and Local Government Staff Association, CLOGSAG and the Ghana National Association of Teachers, GNAT.<\/p>\n<p>[contextly_sidebar id=&#8221;VT6k5oVkLTwlYlvd02JI7lRsqbUTYukf&#8221;]The unions are demanding that their pension contributions spanning 2010 to 2016, be transferred to their custodian banks rather than being kept in a temporary pensions account where it accrues no interests.<\/p>\n<p>In July this year, the\u00a0Public Relations Officer of CLOGSAG, one of the striking unions, Edmund Acquaye, threatened the union will take a critical action against government if their monies were not paid.<\/p>\n<p>&#8220;We are asking the government to pay the monies that have been accrued by the Bank of Ghana that is in the temporary pensions account. What we are saying is that, since 2010 to 2016, contributors\u2019 money have been kept at the Bank of Ghana which is yielding no interest,\u201d he said.<\/p>\n<p><strong>Brouhaha over 2nd-tier pension: Govt sues striking unions<\/strong><\/p>\n<p><span style=\"color: #666699;\"><strong><a style=\"color: #666699;\" href=\"http:\/\/citifmonline.com\/2014\/10\/27\/brouhaha-over-2nd-tier-pension-govt-sues-striking-unions\/\">In 2014, the\u00a0labour unions <\/a><\/strong><\/span>laid down their tools to make similar demands, and were sued by the National Democratic Congress (NDC), government, to end the strike that resulted in the partial or complete shutdown of most public institutions.<\/p>\n<p>They challenged the Finance Ministry\u2019s decision to use Pension Alliance Trust as a sole trustee of the second tier pension scheme for all employees on government payroll.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;<\/p>\n<p>By: Jonas Nyabor\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twelve public sector labour unions have threatened to embark on an indefinite strike on September 29. The strike is to protest government&#8217;s handling of their tier-2 pension contributions. The unions include the Ghana Medical Association, the Civil and Local Government Staff Association, CLOGSAG and the Ghana National Association of Teachers, GNAT. [contextly_sidebar id=&#8221;VT6k5oVkLTwlYlvd02JI7lRsqbUTYukf&#8221;]The unions are [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171,10,11],"tags":[8275,3,11115,4546],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Labour unions threaten strike over tier-2 pension - Citi 97.3 FM - Relevant Radio. 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