Business News of Monday, 9 April 2018
Social Security and National Insurance Trust, (SSNIT), says it is considering another round of “naming and shaming” of employers that fail to pay contributions of their workers.
According to SSNIT, this is part of several measures to help improve compliance and ensure that workers have secured future.
“We will publish names of recalcitrant employers in the paper just to compel them to do the right thing. I will say watch out for the next few editions of the papers near you,” Director General of SSNIT, Dr John Ofori-Tenkorang told JoyBusiness on the sidelines of SSNIT Info Shop program.
In response to timelines as to when this action would take effect, Dr. Ofori-Tenkorang said “soon; sometime this year if we deem it so necessary we will do it. We’ve done it in the past so we won’t shy doing it again.”
As part of measures to ensure that employment rights come under increased scrutiny, the SSNIT boss has disclosed that there are some more employers that have been identified not to file the minimum wage of their workers.
As required by law, the National Pensions Act of 2008, Act 766, the employer is expected to pay social security on behalf of the employees at the end of every month.
Also, section 83(1) (d) of the National Pensions Act, 2008 (Acts 766) as amended by section 7 of the National Pensions (Amendment) Act 2014, (Act 883), indicates that unpaid Social Security contributions attract a penalty.
The forum which is the second after that of KNUST is part of efforts to educate students on the benefits of Social Security.
It was held with the objective of helping university students to appreciate how SSNIT can help them to prepare, secure and take control of their lives before and beyond age 60 or in the event of permanent invalidity.
The forum was held in collaboration with University Students Association of Ghana (USAG) at the new University of Ghana’s Bank of Ghana auditorium. It was attended by over 500 University of Ghana students.