Increase our salary for better pensions – TUC

“What you put in is what you get. So if you don’t get good salary all this time, you should expect a bad pensions in the future. That is why we want to enhance our salary, so that we can have better and enhanced pension when we retire from work.”

election2024

The Deputy Secretary General of the Trades Union Congress (TUC), Joshua Ansah, says it is imperative workers’ salaries are enhanced to ensure better pension benefits, hence their recent demands.

He spoke on the sidelines of a TUC engagement with SSNIT officials at Koforidua.

- Advertisement -

“What you put in is what you get. So if you don’t get good salary all this time, you should expect a bad pensions in the future. That is why we want to enhance our salary, so that we can have better and enhanced pension when we retire from work.”

- Advertisement -

The engagement between the TUC and SSNIT was to help deal with misconceptions on contributions towards SSNIT and pension scheme, among others.

TUC’s Deputy Secretary General pointed out that their demands for the cost of living allowance (COLA) and other conditions of service would not be backed down by comments from a section of the public.

“You gave us four percent in 2021, seven percent in 2022, what is the inflation rate now? We are back to zero. So if we are asking 20 percent of COLA to cushion us whiles we negotiate for 2023, why should anyone say it’s a wrong time, then that person is not a Ghanaian. Workers are suffering.”

The Acting Chief Actuary of SSNIT, Joseph Poku, cautioned employees against conniving with employers to shortchange the declaration of basic pay towards the SSNIT scheme.

- Advertisement -

“What you declare as basic pay is what we calculate SSNIT contributions from. Encourage your employees to consolidate your allowance to the basic pay so that your contribution to the SSNIT can be big enough because what you put in determines what you get after pension.”

Some pensioners and members of TUC shared their views and made demand to employers and government.

“We are happy about this engagement, we pray government to increase salaries and actuals of what it pays, so that we can have a better pension scheme.”

Another added, “Our grievances is that when active workers pay is increased, what we receive as pensioners should also be increased. All that we need is for SSNIT to cater for us well. Most of our members are dying, we want to enjoy before we go to Our Creator.”

A total of 1.7mllion of the nation’s work force populace pay towards SSNIT contributions; 63 percent from the private sector and 36 percent from the public sector with the informal sector being the least.

Soource: 3news.com|Ghana

- Advertisement -

Get real time updates directly on you device, subscribe now.

- Advertisement -

- Advertisement -

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More