The Ghana National Association of Teachers (GNAT) has inaugurated a new Board of Trustees to administer tier-3 contributions of members.
The Board of Trustees is chaired by Ransford Kofi Nsiah Lolih, with Thomas Musah, Victor DeGraft Etsison, Peter Obeng Nyamekye, Helen Asantewaa, Daniel Tomey, Isaac Baah and Philip Dela Zumanu as members.
Addressing the inaugural ceremony, the Employment and Labour Relations Minister, Ignatius Baffour Awuah, cautioned the trustees against misapplication of the contributions. He urged them to ensure judicious management of the funds.
Mr. Awuah noted that the misuse of such contributions will be considered an offence.
Under the National Pensions Act 766, beneficiaries are to make compulsory contributions to the first and second tiers.
President of GNAT, Isaac Owusu, said “it is important that the newly inaugurated Board works in the interest of GNAT.”
He, thus, encouraged them to help convince members to contribute to the Fund and enhance its growth.
“With an Association that has a membership of over 200,000, having only 10,000 of them covered by the GNAT Provident Fund is not acceptable.”
Rev Owusu assured all members of GNAT about the commitment of elected national officers and administrators in this “endeavor because neither me as President or the General Secretary have any other interest, but to see to the development of our great Association.”
Meanwhile, the General Secretary of the Association, Thomas Musah said the “Board has come at an opportune time to ensure members continue to have confidence in how their contributions are managed.”
The event was also attended by a former GNAT National President, Philippa Larsen, former officers, current Deputy General Secretaries and other officers from across the country.
Latest Stories
-
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
7 hours -
Herman Suede is set to release ‘How Dare You’ on April 24
10 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
11 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
11 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
11 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
12 hours -
South Africa bursary scandal suspects granted bail
13 hours -
Ecobank successfully repays $500m Eurobond due April 18
13 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
13 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
13 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
13 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
14 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
14 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
15 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
15 hours