{"id":610233,"date":"2019-04-25T23:07:42","date_gmt":"2019-04-25T23:07:42","guid":{"rendered":"
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Business News of Thursday, 25 April 2019<\/p>\n

Source: <\/strong>www.ghanaweb.com<\/p>\n2019-04-25\n\n

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<\/p>\n

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Business News of Thursday, 25 April 2019<\/p>\n

Source: <\/strong>www.ghanaweb.com<\/p>\n

2019-04-25<\/p>\n

\n

\"Johnplay video<\/span>Director-General of SSNIT, Dr John Ofori Tenkorang<\/span><\/span><\/p>\n<\/div>\n

The Director-General of the Social Security and National Insurance Trust Dr John Ofori Tenkorang has called for a review of the law that governs the country\u2019s pension scheme.<\/p>\n

Speaking at a Pre-May Day Forum held on Wednesday, April 24, Dr Ofori Tenkorang explained that there are gaps in the existing laws that hinder the smooth operation of the trust.<\/p>\n

He made some recommendations which he believes when propagated will serve the best interest of workers and the scheme.<\/p>\n

Many people are not aware of these benefits and hence do not take advantage of them. As to the generosity of the SSNIT pension scheme is the fact that the board of SSNIT in 2014 instituted something called the minimum pension and this is a pension amount that no pensioner will earn below so even if you are contributing on minimum wage and we calculate your pension and we find out that your pension is below this amount, you are automatically brought up to meet this amount\u201d.<\/p>\n

Dr Ofori also shot down notions that SSNIT cheats on its contributors.<\/p>\n

\u201cSSNIT is committed to paying all legitimate claims that come before it. I must state unequivocally that SSNIT is not cheating pensioners. It is not in my interest or any SSNIT employee not to pay the legitimate claim to any pensioners.\u201d<\/p>\n

\u201cAnd we must also have some conversation on whether it is appropriate to just pay dividends based on only best three years of contributions. In other jurisdictions like the UK, the lifetime average is what is used.\u201d<\/p>\n

SSNIT is a generous scheme<\/b><\/p>\n

Dr Ofori also stated that contrary to allegations that the trust is harsh on pensioners, SSNIT is actually \u2018generous to contributors\u2019.<\/p>\n

\u201cSSNIT is a generous scheme. I knew I would get such a response from you when I said this. It is not in my interest or any SSNIT employee not to pay the legitimate claim to any pensioners,\u201d he added.<\/p>\n<\/div>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Business News of Thursday, 25 April 2019 Source: www.ghanaweb.com 2019-04-25 play videoDirector-General of SSNIT, Dr John Ofori Tenkorang The Director-General of the Social Security and National Insurance Trust Dr John Ofori Tenkorang has called for a review of the law that governs the country\u2019s pension scheme. Speaking at a Pre-May Day Forum held on Wednesday, […]<\/p>\n","protected":false},"author":1,"featured_media":610088,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-610233","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nReview pension law \u2013 SSNIT Boss - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/25\/review-pension-law-ssnit-boss\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Review pension law \u2013 SSNIT Boss - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Thursday, 25 April 2019 Source: www.ghanaweb.com 2019-04-25 play videoDirector-General of SSNIT, Dr John Ofori Tenkorang The Director-General of the Social Security and National Insurance Trust Dr John Ofori Tenkorang has called for a review of the law that governs the country\u2019s pension scheme. 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