The General Secretary of the Ghana National Association of Teachers , (GNAT), Thomas Musah, has stated the overall earnings scenario of all people withinside the united states is heartbreaking.
He indicated that maximum people earn low primary profits which subsequently have an effect on the quantum of pension blessings they're given after they move on retirement.
Speaking on the GNAT Investment Forum held on the University of Ghana on Wednesday June 29, he stated “It has grow to be very vital that the troubles of earnings on this united states must be regarded at. We can not run farfar from it, with the difficulty of the primary profits.
“That is why we're organizing this discussion board to appearance at, what may be finished to make certain that once people are retiring they move better.
“There is one component that we were asking over the years, at least, if for not anything at all, whilst the employee is retiring he must be capable of find the money for a two-mattress room residence.”
Speaking on the equal event, the Director General of the the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang stated the scheme is the pleasant pension scheme people can get everywhere.
He defined that the control of SSNIT has been wearing out indexation to satisfy the growing fee of inflation.
This, he stated, is a part of the motives the scheme is pleasant for people.
“SSNIT undertakes indexation each 12 months and the indexation fits inflation. SSNIT is aware about that and we so we catch up on inflation, “he stated.
“I will urge human beings now no longer to throw the toddler out with the horrific water. The narrative is that SSNIT isn't always good, human beings connived with their employers now no longer to pay their SSNIT, the SSNIT scheme is the pleasant that you could ever get everywhere else as a ways as pensions is concerned, in case you don’t be part of to make contributions you're harming yourself,” he added.
He similarly indicated that the control goes to rollout a programme to teach the human beings at the want to sign up for SSNIT.
“we're going to rollout programme to get human beings to return back and be part of SSNIT due to the fact it's miles the pleasant component they are able to do for themselves,” he stated.
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