Dr. John Ofori-Tenkorang

24 Oct

TUC Pushes For Better Wages To Improve Pension Benefits

wontumionlineBusinessDr. John Ofori-Tenkorang

The Trades Union Congress (TUC)-Ghana has made a resolute commitment to advocate for improved wages for Ghanaian workers, both in the formal and informal sectors. The aim is to adjust the minimum wage to better align with the rising cost of living and, in turn, enhance pension benefits. Preferably, TUC is advocating for a living wage to replace the current minimum wage in the country. Currently, 5.5% of a worker’s salary is supposed to be deducted every month, and this amount is added to 13% of the worker’s basic salary. In total, this makes 18.5%, of which 13.5% is remitted…

12 May

Number Of Self-Employed Persons Enrolled In SSNIT Pension Scheme Doubles

wontumionlineBusinessDr. John Ofori-Tenkorang, SEED, SSNIT

The number of self-employed persons enrolled in the Social Security and National Insurance Trust (SSNIT) pension scheme has doubled in the past nine months. This follows the rollout of a Self-Employment Enrolment Drive to provide pensions and related benefits to self-employed workers. It is in line with the Trust’s mandate to extend pension coverage to all workers, especially the self-employed. Director-General, John Ofori-Tenkorang, Dr. John Ofori-Tenkorang, at the launch of the Self-Employment Enrolment Drive (SEED) in Kumasi in the Ashanti regional capital said there is a need for the Trust to embark on aggressive marketing to attract the informal sector. “We…