Tag: pension contributions
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Govt defaults on paying pension contributions for public sector workers
Government has defaulted in the payment of pension contributions for public sector workers. The period of default spans from October 2022 to May 2023. In the report, it emerged that, government has not only failed in its obligations to settle the 13 percent Tier 1 pension contributions of the public sector employees for the period.…
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COVID-19 impact: Making payments to contributors would be illegal – SSNIT tells Mahama
The Social Security and National Insurance Trust (SSNIT), has explained that it would be illegal under the current law that set up the Trust for them to make payments to contributors over a three-month period to mitigate the social and economic impact caused by the outbreak of the novel Coronavirus. This follows a suggestion by…