The board of trustees of the Ghana Education Service (GES) Occupational Pension has been ordered to stop paying pensions to the National Pensions Regulatory Authority (NPRA) by four teacher unions.
According to the unions, the government is accused of not paying contributions to the Ghana Education Service Occupational Pension Scheme (Tier 2) for eight months.
In an interview with Citi News, Angel Carbonu, President of NAGRAT, stated that the directive is to give the Authority time to pay all outstanding debts.
“We are afraid for the pension scheme and the new pension policy if the NPRA is not up to the task because it is the mandated state institution designed specifically to regulate pensions in this country. We do not want to collapse into the SSNIT we have become. As a result, the legal and state-mandated institutions ought to be functioning and ought not to see themselves as extensions of the government or appendages of particular ministries.
The Teachers’ and Educational Workers Union, the Coalition of Concerned Teachers, the National Association of Graduate Teachers (NAGRAT), and the Ghana National Association of Teachers are among the teacher organizations that are pushing for this demand.