IGNATIUS BAFFOUR AWUAH Archives

02 Sep

SSNIT SEED Initiative: 103,000 Self-Employed Enrolled

Wontumi2BusinessIGNATIUS BAFFOUR AWUAH, SSNIT

The Social Security and National Insurance Trust (SSNIT) has made significant strides in expanding pension coverage through its Self-Employed Enrolment Drive (SEED) initiative. The initiative launched in May 2023, has successfully enrolled over 103,292 self-employed individuals in the SSNIT Scheme, marking a crucial step toward ensuring financial security for a broader section of the Ghanaian workforce. The Minister for Employment, Labour Relations and Pensions, Ignatius Baffour Awuah, disclosed this during a press briefing in Accra on Wednesday. According to him, the SEED initiative was launched to address the long-standing issue of low pension coverage among self-employed workers, who make up…

16 Oct

Total Membership Of SSNIT Scheme Is 1.8 Million — Minister

Wontumi2NewsIGNATIUS BAFFOUR AWUAH

As of March 2023, the total membership of the Social Security and National Insurance Trust (SSNIT) Scheme was estimated at 1.8 million, Mr Ignatius Baffour Awuah, the Minister of Employment, Labour Relations and Pensions, has disclosed. This, he said means that about 8.1 million of the estimated Ghana’s working population of 9.9 million might not have any form of social security cover, which shows that leveraging digitalisation to extend social security coverage was long overdue. “The overwhelming importance of digitalisation today is there for everybody to see. I call on social security institutions within West Africa to take advantage of…

03 Oct

8.1million People Not On Any Form Of Social Security In Ghana – Baffuor-Awuah

Wontumi2BusinessIGNATIUS BAFFOUR AWUAH

Minister of Employment and Labour Relations, Ignatius Baffour-Awuah, has bemoaned the high rate of citizens who have not signed up for any form of social security in Ghana. According to him, a total of 8.1million people are not on SSNIT or any pension scheme. Speaking at the ISSA Technical Seminar 2023 in Accra on Monday, October 2, 2023, Mr Baffour-Awuah noted that only 1.8million people were registered on SSNIT as of March this year. He, therefore, called on pension schemes to leverage on technology and digitalization to extend their social security covering to all to bridge the gap. The Employment and…

03 Oct

2 Million Cocoa Farmers On Social Security – Labour Minister

Wontumi2BusinessIGNATIUS BAFFOUR AWUAH

Members in the informal sector are mostly reported as people not under any social security. To bridge this gap, the Social Security and National Insurance Trust (SSNIT) have been able to rope in 2 million cocoa farmers onto the pension scheme. Disclosing this at the ISSA Technical Seminar 2023 in Accra, the Minister of Employment and Labour Relations, Ignatius Baffour-Awuah, said government was looking at bringing persons within these sectors; organized associations, transport associations and trade associations under social security cover. He entreated pension agencies to leverage technology to make their work accessible to all. He said, “Unfortunately, many of the…

24 Sep

Ignatius Baffour Awuah Gets Top UN Job

Jackson Odom KpakpoUncategorizedIGNATIUS BAFFOUR AWUAH

Ignatius Baffour Awuah Gets Top UN Job The Minister for Employment and Labour Relations, Ignatius Baffour-Awuah has been appointed as a member of the International Advisory Board on the Climate Action for jobs Strategy, an initiative of the International Labour Organisation (ILO) and the United Nations (UN). Hon Baffour Awuah will join the high-level members of the Advisory Board which include Ministers of environment, labour and planning, leaders of employers’ and workers’ organisations and senior officials of the United Nations and development finance institutions who have been engaged to transform commitments made at the UN Climate Action Summit of 2019 into concrete…