The Civil and Local Government Staff Association of Ghana (CLOGSAG) says it will soon table a proposal before Parliament to amend the Pensions Act, Act 766, in order to give workers the option of stopping contribution to SSNIT after the mandatory 180 months.
“We think that the minimum required is 180 months and you are pensionable, so it should be optional after I have contributed my 180 months and then my pension, that is the 13.5 percent I can use for other pension products,” Executive Secretary of CLOGSAG Isaac Bampoe Addo shared on Tuesday, September 20.
“This is a proposal that we will be pushing forward because we think after you have done your minimum 180 months, you should be given the option to opt out of the SSNIT Scheme because we all don’t work for SSNIT for 24 months.”
The CLOGSAG Executive Secretary made this known while speaking at the launch of the Public Services Pensioners Association (PUSPA) in Accra.
Describing the aims and objectives of the Association as “laudable”, Mr Bampoe Addo insisted that in no time the voices of pensioners will be heard.
He said despite active workers having a say on their pension contributions and their security thereof, retirees do not have such.
“At the moment, whereas active workers enjoy protection for their monies, retirees do not have any means that protect their finances.”
He said the Association will even afford members an opportunity to meet regularly and socialize for long-term health benefits.
Source: 3news.com|Ghana