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The May Day celebrations were held in the Far East region of last year
The Trade Union of Workers in Industry and Commerce (ICU) urged workers to retire their business even as active employees.
The Secretary General of ICU, Mr. Solomon Kotei, who gave this opinion, also urged them to badume responsibility for all related matters under their control in the administration and management of their pensions .
"Apply for your employers to make the appropriate deductions," he said.
"Make sure the information on the statements you have been given is correct," he said at the commemoration of International Workers Day on Wednesday, May 1, 2019.
International / national
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At the international level, the theme of the day is "Uniting workers for social and economic progress".
In Ghana, organized workers chose the following theme: "Sustainable pensions: the role of the social partners".
At the international level, conferences and various activities will mark the day around the world.
At the national level, a parade of workers will begin early in the morning of May 1, from Obra Square to Kwame Nkrumah Circle to Black Star Square.
ICU message
While congratulating the Social Security and Social Security Fund (SSNIT) for posting the pension formula on its website, Kotei said the formula lacked defined parameters to make it easily understandable for workers.
"This has made the formula still mysterious for most workers," he added.
Mr Kotei again congratulated the SSNIT on its policy of paying minimum pensions.
Currently, the minimum pension is about 300 GH ¢.
Mr Kotei said that this policy has made Ghana's retreats one of the best in the sub-region.
However, workers in the country do not benefit because of the economic challenges facing the country, which leads to an erosion of wage gains for all workers.
Ayekoo
Kotei praised the workers who had faced the biggest economic challenges for most of the year and had been sacrificed to work, even as the value of their resources dwindled.
He also congratulated the country's employers who had respected the unions and cooperated with them during difficult times.
Productivity / overtime tax
Looking forward, Kotei said the government should deal with taxes on overtime allowances.
He asked the workers to be productive as "productivity determined by well-being".
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