Speaking on Multi TV’s current affairs program, pm: EXPRESS, he called for the firing of the entire board of the National Pensions Regulatory Authority (NPRA) for its inability to ensure a smooth reform process.“The reforms have not been smooth because the NPRA board has constituted itself as a management running the affairs of the NPRA, essentially the returns that should have kicked in 3 years ago are only beginning to birth now”The Chief Executive Officer of the National Pensions Regulatory Authority, Sam Pee Yalley, who also on the show, however said the 3 tier pensions scheme currently under implementation to address the challenges pensioners face in accessing returns, is doing well even in the face of some technical hiccups.Mr. Yalley was expressed worry that many employers have defaulted in paying their contributions due to the lack of education on the scheme’s benefits. “What we must understand as a basic issue is that the quantum of pension you receive at the end of the your working life is a function of the salaries you kept as pension”He explained that 17 percent deductions of salaries are kept as pen sion Franklin Cudjoe debunked his assertion saying the returns on the pension investments are woefully low.“If you have contributed 1000 cedis a month in the last 3 years you will have 30 cedis by now. If you bought a goat, sheep or chicken then, you will probably have a farm by now”He called on the NPRA board to explain to Ghanaians what happened to their promise of investing 5 percent of the returns at Treasury bill rates which have not gone below 10 percent so far.For Pensions Consultant and first CEO of NPRA, Daniel Aidoo Mensah the reform process is challenged mainly because personnel do not have the technical capacity to handle pensions and proposed that they be trained to arrest the inconsistencies with the current reforms.