Ghana. Minister for Employment initiates mass pension enrolment programme

The Minister for Employment and Labour Relations, Ignatius Barfour Awuah has initiated a mass pension enrolment programme by paying for a year’s pension contribution for 10 individuals in the Upper Manya Krobo District in the Eastern Region.

At an outreach program at Asesewa in the Eastern Region, to sensitise people on pensions in the area organised for informal sector workers in Asesewa by the National Pensions Regulatory Authority (NPRA), Mr. Bafour Awuah said the gesture was to encourage the people to have faith in the informal pension schemes in the country.

The event which was aimed at helping the people in the area to understand and appreciate the pension concept and to also encourage them to sign onto pensions schemes saw about 400 informal sector workers drawn from driver unions, chainsaw operators, vegetable sellers, beauticians, dressmakers Christian and Muslim groups, among others, participating.

Twelve groups and over 100 individuals signed on with Axis Pension and Glico Pensions. The campaign was chiefly about focusing on increasing pension coverage in Ghana. It has become necessary primarily because the pension coverage in Ghana is extremely low.

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