Nov 09, 2012 at 5:09pm

The National Association of Graduate Teachers (NAGRAT) has expressed worry over government’s delay to handover the second tier pension contributions of the Ghana Education Service (GES) workers to the Administrator of the Board of Trustees.

A statement issued to the press on Friday and signed by the General Secretary of the Association, Stanislaus stated that the scheme is three years behind schedule and complained the sluggish manner in which government is handling the matter.

It said: “No concrete steps are being taken to expedite action on handing workers contributions to the Board of Trustees who are by law mandated to handle the fund.”

The association also accused government of “attempting to unduly influence the National Pensions Regulatory Authority (NPRA) not to handover the funds to the board set up by the GES workers to administer the funds.”

They also alleged that reliable information available to them indicates that government plans to take over the management of the second tier for the GES workers and have “secretly appointed a private Pension Fund Manager with close links to the corridors of the power to manage the scheme.”

NAGRAT has therefore cautioned government to cease all interferences concerning the operations of the scheme “as any plan to hijack the scheme will be strongly resisted by NAGRAT.”

“The second tier mandatory scheme is for workers not government and government has therefore no business imposing its will on workers as it did to SSNIT,” the statement added.


By: Citifmonline.com/Ghana