Education

Red flags raised by Teacher Unions over pension contribution arrears

The government has until the end of February 2023 to pension contribution arrears owed to its members under the Ghana Education Service Occupational Pension Scheme, according to the pre-tertiary teacher unions (GESOPS).

The estimated contributions for members of the scheme who are in arrears, according to the unions, include GH433,379,819.90, according to the Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT), Coalition of Concerned Teachers-Ghana (CCT-GH), and Teachers and Educational Workers Union (TEWU).

Given the foregoing, the pre-tertiary education unions “wish to state emphatically that if by the end of February 2023 all the arrears are not paid, we have no other option but to take the necessary steps to ensure that the regulator’s (National Pensions Regulatory Authority) fees are not paid effective March 2023,” according to the statement.

The General Secretary of GNAT, Thomas Musah, the President of NAGRAT, Eric Agbe-Carbonu, the President of CCT-GH, King Awudu Ali, and the General Secretary of TEWU, Mark Dankyira Korankye, all signed a statement containing this information.

The statement stated that “we have nine months outstanding” because the Controller and Accountant General’s Department’s last payment to the members’ pension scheme was for the month of March 2022, which was paid in January 2023.

It stated, “We estimate that contributions in respect of members of the plan in arrears are in the area of GH433,379,819.90 using the monthly contribution of the month of March 2022 as basis.”

It was stated that the educational worker was in risk because “any investment value of his/her contribution is being rejected.”

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kingcyrusonline

Teacher, Blogger, Comic writer, riveting stories concerning the Ghanaian citizenry and the world at large.

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