Audio By Carbonatix
The Health Service Workers Union (HSWU) says its members have been compelled to endure harsh conditions because of an illegal pension deduction done by the Social Security and National Insurance Trust (SSNIT).
The Union said the deduction at the Trust has reduced the pension entitlement of its members by over 40 percent, a development it described as unfair.
General Secretary of Union, Reynolds Tenkorang told Joy News Tuesday, the already pathetic situation of their members has been worsened by the deduction.

He claims SSNIT has admitted to charging 10 percent annuity each year on the lump sum of members of the Union.
An annuity is a fixed sum of money paid to someone each year, typically for the rest of their life.
Mr Tenkorang said the act is not supported by the PNDC Law 247 of 1991, under which the current Social Security Scheme operates.
"It is an illegality [that] must be stopped," he said.
SSNIT is a statutory public Trust tasked under the National Pensions Act 2008 Act 766 with the administration of Ghana's basic pension scheme. It also caters for the First Tier of the contributory three-tier scheme.
The Trust has over the years been accused of unfairly making illegal deductions from pension packages due retirees.
The HSWU said its members' lump sum has been reduced cumulatively by 41.9 percent and wants the Trust to rectify the situation.
But SSNIT has dismissed the claims, saying the law mandates it to use the average annual salary of the three best years of beneficiaries to compute their pension packages.
Acting SSNIT Corporate Affairs Manager, Victoria Abaidoo said the Trust has been meeting members of HSWU and TUC leadership to explain the arrangement with them.
"It is not that we are hiding anything but because [they] are not working the whole of the 12 months, we will count [their] 12 months backward," she said.
Latest Stories
-
Why Ghana’s Constitution Review Committee’s Work Should Be Extended to Strategic Communication
3 minutes -
Prof. Prempeh defends lowering presidential age, cites Kufuor’s early leadership roles
20 minutes -
Presidential Age Limit: Unrestricted democracy could breed chaos – Prof. Agyeman-Duah warns
30 minutes -
MP Baffour Awuah advocates for legal framework on presidential continuity, not term extension
34 minutes -
Ghanaians entitled to propose constitutional changes – Charlotte Osei
37 minutes -
At 30, you lack the experience to be a President – Prof Agyeman-Duah
41 minutes -
One-year extension of presidential term unnecessary – Baffuor Awuah
46 minutes -
Sam George lauds coordinated crackdown on cybercrime in Tabora and Lashibi
52 minutes -
100 arrested in Accra’s Tabora in major Mobile Money fraud crackdown
56 minutes -
BOG put GH¢4.69bn into gold-for-oil, lost over GH¢2.1bn with no impact — Audits show
1 hour -
CRC opted for broader reforms over abolishing ex-gratia – Charlotte Osei
2 hours -
Mahama’s record shows four-year presidential term is sufficient – Inusah Fuseini
2 hours -
Four-year term enough for accountability – Inusah Fuseini
2 hours -
CRC Proposals: We were very mindful not to create problems while solving existing ones – Charlotte Osei
2 hours -
Ebo Noah’s ‘faith’ or Climate Change: Rains on Christmas eve and day in Ghana?
2 hours
