Public pension trust, the Social Security and National Insurance Trust (SSNIT) has begun introducing a number of measures to automate its entire operations by the end of next year.
These measures will include moving away from paper to paperless and online transactions, for both contributors and pensioners.
Management of the Trust say the measures will permit persons on the SSNIT pension scheme to make their payments via a bank or even online.
Speaking to JoyNews, General Manager of Operations at SSNIT, Theodore Ohene said the “ultimate objective is to improve service delivery to make it easier for employers to make payments and also to facilitate and pay benefits promptly.
He explained that the only way to do that is by becoming more efficient in their operations through technology. This would encourage more voluntary compliance and easy access information, thus improving the image of the Trust.
Addressing the fact that only 10 percent of persons working in the formal sector are contributing to the Scheme, Mr Ohene said it is a challenge that they have in compliance enforcement.
Although the expectation is that employers would subscribe themselves to the Scheme as soon as they register their businesses, that is not the case according to Mr Ohene.
Instead, the Scheme actively has to go out, comb and hunt for employers and register them to the Scheme.
While this might not threaten the sustainability of the Scheme, he said, the more employers and workers we have, the stronger the sustainability of the Scheme would be.
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