SSNIT’s ‘annuity factor’ robbing pensioners

Ho, Madam Harriet Amponsah, Industrial Relations Officer for the Volta Regional chapter of the Health Services Workers Union (HSWU), has called on the Social Security and National Insurance Trust (SSNIT) halt illegal deductions.

She alleged that the SSNIT was deducting 41.9 per cent from pensioners’ salary illegally

Madam Amponsah said SSNIT cited an annuity factor as a reason for the deduction which was not captured in the Pensions Act.

Speaking to the Ghana News Agency on the sidelines of a Ho Municipal Council of Labour meeting, Madam Amponsah said some pensioners of the Health Service, who confronted SSNIT on the issue, had their data recomputed and reimbursed.

She appealed to the various labour unions to take up the issue and help resolve it before the year 2020, when a new pension scheme would be adopted.

A total of 16 executives were elected and sworn in to serve a four year term.

Source: Ghana News Agency

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