Secretary for Concerned About Ghana Association (CAGA), Mr. Tuorimuo Elvis Philip has hinted that the retirement age of public sector workers in Ghana could be reduced to 50years from previous 60 due to unemployment challenges, this was after the Minister for Labour Relations Hon. Ignatius Bafour Awuah recently hinted on some labour reforms.
The Human Resource Manager who explained the Reason said the Number being brought down will prepare public sector workers who will retire by then for the private sector since they won’t be redundant due to the age factor, they should still be useful to the country even when they retire.
This development according to him has to be reviewed in the Ghana Labour Act 2003 to be able to take force. The development will mean that a lot of people will leave the Sector in time for others to be recruited whilst they leave to setup businesses with their benefits to employ the services of others this in a way will reshape the economy as public sector won’t be a hub to be redundant and exit weak without churning out any usefulness after retirement. He called on Ghana’s President, Akufo-Addo to Look into the development in order to tackle unemployment in the country.
A public sector worker who retires at the compulsory retirement age of 60 years and who has contributed to the social security scheme(SSNIT) for more than 15 years is entitled to a superannuation pension.