The Health Services Workers Union has issued a stern warning to the government not to touch their pensions as part of a debt-reduction plan.
Finance Minister Ken Ofori-Atta, In his presentation of the 2023 budget statement, proposed a debt restructure for domestic bondholders in terms of interest payments.
As a result, about 94% of Tier 2 payments earmarked for government security are anticipated to be impacted.
However, Franklin Owusu Ansah, General Secretary of the Health Services Workers’ Organization (HSWU), stated during a news conference on Sunday, December 4, that the union will oppose any attempt by the government to interfere with their pensions.
“Workers were made to believe that there will be no haircuts. The President of Ghana reassured and reaffirmed to workers on this…the attempt to touch the pensions in the quest to restructure debts means the government is tampering with the present and the future of workers. Pensions and Investments are being put at risk by the actions of the government.
“We shall resist any attempt by the government to give any kind of haircut whatsoever on pension because our future is at risk. Workers of Ghana cannot continue to suffer to the grave, enough is enough.”