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Secretary General of the Congress of Trade Unions (TUC), Dr. Yaw Baah
The Trades Union Congress (TUC) called for concrete plans and a roadmap for a universal pension plan in the government's 2020 budget.
According to the TUC, it was unacceptable that out of a workforce of about 13 million Ghanaians, only about 1.5 million were covered by the SSNIT. [Social Security and National Insurance Trust] retirement plan right now.
Therefore, the TUC wants the president to provide the necessary support for the lack of access to pensions. That is why he chose the theme "A sustainable pension for all" so that the celebration of May 1 this year attracts a lack of pension.
TUC Secretary General Anthony Yaw Baah told the May 1 national parade in Accra on Wednesday morning that more than 11 million people did not have access to social security.
"This is not acceptable for a rich, proud, and middle-income country like Ghana, something is really wrong in our economic and social policy," said Dr. Baah.
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"Mr President, we would like to appeal to you to correct this gap in our social policy and we are waiting for concrete plans and a roadmap for universal pension coverage in the 2020 budget".
He said about a quarter of the 200,000 people benefiting from the SSNIT pension plan receive about 300 GH ¢ per month, which he described as terribly inadequate.
According to him, the derisory amount that pensioners receive monthly has sent many of them into their first graves because they can not afford to pay for their utilities and their hospital bills.
Dr. Baah is also concerned about the inequality of pension benefits, urging the government to critically review the country's pension plan.
He explained that low coverage was not the only problem in the country's social security system, and that paying inadequate pension benefits was another challenge for the SSNIT pension scheme.
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