Audio By Carbonatix
Two hundred retired workers of the Ghana Commercial Bank (GCB) have resolved to drag their former employer to court for failing to put them on the bank's special pension scheme.
The ex-workers, who include general managers, branch managers, managers, divisional heads and some junior staff, said they had decided to resort to the courts because for seven years their employer had failed to settle the issue amicably.
The Chairman of the Retired Staff Association of GCB (RESAG), Mr Alex Yaw Nsiah, announced the resolution when he briefed the press in Accra on Thursday after an emergency meeting.
He explained that the objective of the special pension scheme was to reward long service and devotion to duty, as well as serve as incentive and security for members of staff generally.
Mr Nsiah said the irony was that staff who were declared redundant in 1989 were presently benefiting from the scheme, while those who were encouraged to stay longer had been denied it, contrary to the bank's collective bargaining agreement.
He said the pension scheme clearly spelt out that members of staff who, at the time of their compulsory or voluntary retirement, had served the bank for a minimum period of 15 years qualified for the scheme.
Mr Nsiah said the ill-treatment meted out to the loyal hardworking staff did not augur well for its corporate image, since it could send the wrong signals to the young staff, as well as investors.
He said it was unfair for the bank to write to its branches in 2003 notifying them of the abrogation of the scheme with effect from December 1990.
He explained that during that period, all the 200 staff had qualified for the special pension scheme and should not have been excluded from it.
Mr Nsiah said the effort of the bank to pay the redundant workers who were described as "dead wood" was an insult to those who gave of their best to serve the bank.
He said the move to pay some workers and deny others was meant to divide the front of workers to enable the management to knock their heads together.
He therefore urged the ex-workers not to succumb easily to the divide and rule tactics but to fight for what was due them.
Credit: The Graphic
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP begins nationwide exhibition of voter register for 2026 presidential primaries
7 minutes -
Scores sleep overnight at Accra Sports Stadium more than 18 hrs ahead of Alpha Hour Convocation
1 hour -
When revenue collection hurts business
2 hours -
Creative Canvas 2025: Shatta Wale – Disruption as a strategy, dominance as the result
2 hours -
Is talk of “losses” by GoldBod just abstract drivel? Bright Simons asks
4 hours -
US Strikes: Ondo Amotekun arrests 39 fleeing suspected terrorists
4 hours -
New Passport Office opens in Techiman, bringing vital services closer to Bono East residents
4 hours -
Anthony Hopkins shares advice as he celebrates 50 years of sobriety
5 hours -
KTU Radio wins international award for its unique programme on World College Radio Day
5 hours -
German court jails man for drugging, raping and filming wife for years
5 hours -
Ashanti police intercept 2,600 AK-47 rounds and tactical gear at Asankare Barrier
5 hours -
Alhaji Agongo builds lifeline facility for Ghana Police Hospital’s ‘Unknown Patients’
5 hours -
Removal of Chief Justice Torkonoo had economic implications – Samson Lardy Anyenini
5 hours -
Ronaldo will not retire until he scores 1,000 goals
5 hours -
Amerado shuts down Okese Park with third edition of My Motherland Concert in Ejisu
5 hours
