Ghana. BEIGE launches a nationwide campaign to educate informal and formal workers on Pensions
The ‘EveryDayPension’ retirement plan allows subscribers to save at least GH50 a month to enable them to secure comfortable financial future.
Speaking at a forum Thursday before the launch of the scheme at the Holiday Inn in Accra, Director of Planning, Research, Monitoring and Evaluation at the National Pensions Regulatory Authority (NPRA), Ernest Amartey-Vondee, said due to a lack of proper pensions planning, many Ghanaians receive very meagre pensions during retirement.
Citing recent figures from the Social Security and National Insurant Trust (SSNIT), Mr. Amartey-Vondee revealed that more than half of the total number of people on pensions receive less than GH500 a month from SSNIT because of poor planning.
Read More: Business Ghana
