Ghana. Lack of Pension plan for informal sector workers puts financial burden on youth and retirees
Workers in the informal sector face a lot of problems as they get older and retire. Many people have hung on to misconceptions and falsehoods about pensions throughout the years. But the failure to set up a pension plan frequently places a financial burden on the children of retirees. Many in the informal sector cringe at the mention of pension or end of service benefits. Seventy-four-year-old Obaapanin Yaa Ampomaah sells yam at Ayigya Market in Kumasi. She has been selling this food stuff...