Tier 2 pension crisis threatens retirement security for millions of Ghanaian workers

When Ghana’s stakeholders describe their Tier 2 pension situation as a “ticking time bomb,” they’re identifying something far more serious than routine performance disappointment. Over 70 percent of pension contributions sitting idle in low-yielding government instruments signals a systemic failure in the institutional architecture designed specifically to prevent this outcome. Workers across Ghana are losing millions in potential retirement savings not because markets performed poorly, but because fund managers are refusing to invest contributions where returns could actually accumulate. The...