The Minister of Finance and Economic Planning, Ken Ofori-Atta, has announced that government is working with the Social Security and National Insurance Trust (SSNIT) to develop a policy framework to provide informal sector workers with voluntary fully funded personal pension’s scheme.
The scheme, which would be launched in 2019, will demonstrate the President’s commitment to expanding social security to cover the informal sector by charging the Board of SSNIT to ensure the inclusion of informal sector workers.
Mr. Ofori-Atta who made this known when he delivered the 2019 Budget Statement in Accra, said retirement income security was a right of every Ghanaian and not only formal sector workers hence, the framework.
He said the Government over the last 22 months had not just been restoring macroeconomic stability, but had implemented number of flagship policies as well as social intervention strategies that have reduced the suffering and enhanced the aspirations and opportunities of ordinary Ghanaians.
