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Friday, July 5, 2024
BusinessLabour Unions call for complete overhaul of SSNIT

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Labour Unions call for complete overhaul of SSNIT

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Organized Labour is advocating for a restructuring of how the Social Security and National Insurance Trust (SSNIT) utilizes workers’ funds.

They contend that SSNIT’s recent actions and lack of action have been unsatisfactory.

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The Executive Secretary of the Civil and Local Government Staff Association of Ghana (CLOGSAG), Dr. Isaac Bampoe-Addo, mentioned that organized labour believes it would be more effective in managing its pensions than SSNIT.

“We are not convinced, and we tell them [SSNIT] in plain language that we are not convinced by what you are telling us. We are not convinced. We are not convinced at all. And we are going to ask for a total restructuring of SSNIT because this is not how you should manage workers’ money.”

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“This is not government money, this is workers’ money, and what we will say is, why should governments be appointing even a chair to the SSNIT board?”

This demand arises from SSNIT’s attempt to sell four of its hotels to Rock City Hotels Limited, a company owned by the current Minister for Food and Agriculture and Member of Parliament, Bryan Acheampong.

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