Ghana. Government should address Tier Two Pension issues – Forum
The forum for Public Sector Registered Pension Schemes has given the Government up to the end of July to resolve outstanding issues regarding the Tier Two Pension Scheme.
Mr Isaac Bampoe Addo, the Chairman of the forum, at a news conference in Accra, said since 2010 when the scheme commenced, goverment had about 80 months’ arrears of their five per cent monthly deductions to be paid to their respective custodian fund managers.
The forum the Government should transfer all contributions deducted from January 1, 2010 to August 31, 2016, including penalties as required by the Law; Act 776.
They also asked the National Pension Regulatory Authority (NPRA) to ensure that the terms of settlement filed by the Government and the forum at the High Court in February 2016 were complied by all parties.
Read full news here: Ghana News Agency
