24.2 C
Accra
Thursday, September 29, 2022

SSNIT to cease lump sum pension payments from 2020

Must Read

GBC recognised as trailblazer in development through content

By: Jennifer Frimpong Wiredu The Ghana Broadcasting Corporation, GBC, has been recognised for its role in championing development through its...

GFA suspends 2022/23 Ghana Premier League over court injunction

The Ghana Football Association (GFA), has decided to put the betPawa Premier League on hold. This follows a Motion on...

Nigeria: 18 candidates vying to succeed Buhari

SOURCE:AFRICAN EDITORS Campaigns for Presidential and National Assembly seats officially kicked off Wednesday, Sept 28, in Nigeria. In accordance with Section...

 

 

From next year, the Social Security and National Insurance Trust, SSNIT would cease paying lump sums to pensioners.

According to the new arrangement, workers who retire from 2020 would be paid their lump sum from the tier two scheme.

Some workers who are due to retire this year are expressing concern about the new arrangement and are demanding further explanation. George Ankrah caught up with one of such worried workers Josephine Tagoe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

GBC recognised as trailblazer in development through content

By: Jennifer Frimpong Wiredu The Ghana Broadcasting Corporation, GBC, has been recognised for its role in championing development through its...

GFA suspends 2022/23 Ghana Premier League over court injunction

The Ghana Football Association (GFA), has decided to put the betPawa Premier League on hold. This follows a Motion on Notice for Injunction filed on...

Nigeria: 18 candidates vying to succeed Buhari

SOURCE:AFRICAN EDITORS Campaigns for Presidential and National Assembly seats officially kicked off Wednesday, Sept 28, in Nigeria. In accordance with Section 94(1) of the Electoral Act...

Labour Unions of Public Universities threaten to lay down tools over conditions of service

Leadership of four Labour Unions in the Public Universities in Ghana have given government a week ultimatum to address their conditions of service else,...

Trade between Ghana and China hits US$9.57billion

Built on mutual trust for development, bilateral trade volume between Ghana and China peaked at US$9.57billion in 2021 from US$6.67billion in 2017, the Chinese...

More Articles Like This