Home General News Teacher Unions demand over 400m Pension Arrears from government

Teacher Unions demand over 400m Pension Arrears from government

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Ferdinand | EducationGhana | January 27 |Teacher Unions demand over 400m 9 Months Pension Arrears from government

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Teacher Unions demand the non-payment of deductions by the government to the Ghana Education Service Occupational Pension Scheme (GESOPS) Nine months’ arrears

The Unions made this appeal in a statement issued on January 26, 2023.

Read statement Below

 

PRESS RELEASE DATED: JANUARY 26, 2023

 

We, the Pre-Tertiary Unions in Education would like to bring to the attention of the public through the media, the unfortunate developments regarding the non- payment of deductions by the government to the Ghana Education Service Occupational Pension Scheme (GESOPS).

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The last payment from the Controller and Accountant General’s Department to our Pension Scheme was for the month of March 2022, which was paid in January 2023. This means we have nine (9) months outstanding.

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Using the monthly contribution of the month of March 2022 as basis, we estimate that contributions in respect of members of the Scheme in arrears are in the region of Four Hundred and Thirty-Three Million, Three Hundred and Seventy-Nine Thousand, Eight Hundred and Nineteen Ghana Cedis, Ninety Pesewas (GHe433,379,819.90) as shown below:

 

Monthly Contributions outstanding 349.384.121.91

Penalty Surcharge 83.995,697.99

Total 433,379,819,90

 

 

 

The resultant danger of this situation is, the Educational worker is being denied any investment value of his or her contribution

 

In light of the above, we the Unions in Pre-Tertiary Education, wish to state emphatically that if by the end of February 2023, all the arrears are not paid, we have no other option than as the first line of action, take the necessary steps to ensure that the Regulator’s, (National Pensions Regulatory Authority, NPRA) fees are not paid effective March 2023.

 

Signed by:

 

Thomas T. Musah, General Secretary, GNAT

 

Eric Agbe-Carbonu, President, NAGRAT King Ali Awudu, President, CCT-GH Mark Dankyira Korankye, General Secretary, TEWU

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