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Critical illness fund for PSWU workers activated

Public Services Workers' Union
Ho Branch of the Public Services Workers' Union
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The Ho Branch of the Public Services Workers’ Union has sensitized members on the modalities of its soon to be implemented PSWU Fund and Mutual Health Insurance Scheme.

The fund which is set to be rolled out in March 2022, is to address the welfare of members, including, granting of soft loans, hire purchase as well as assist members to save towards retirement with an appreciable annual compound interest on savings.

By Seraphine Nyuiemedi

The Volta Regional Industrial Relations Officer of PSWU, Gordon Bodza urged members to cooperate with the leadership for its successful implementation.

The PSWU Fund and Mutual Health Insurance Scheme is in response to the resolution of members on welfare issues passed at its 10th Quadrennial Delegates Conference held in December 2019 and subsequently incorporated into the PSWU strategic plan.

Effective March this year, members will witness a 2% deduction of their salaries for the operationalization of the fund.

The Volta Regional Industrial Relations Officer of PSWU, Gordon Bodza speaking at Ho in the Volta Region said members will benefit from a critical illness fund under the Mutual Health insurance Scheme to cover diseases such as stroke, heart attacks, kidney problems as well as cancer at no direct cost.

Participants were also sensitized on GRA Tax Reliefs, among others.
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