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Govt to absorb shortfall in lump sum paid by SSNIT to public sector retirees – Minister

Govt to absorb shortfall in lump sum paid by SSNIT to public sector retirees – Minister Employment and Labour Relations Minister, Ignatius Baffour Awuah says government is resolved in guaranteeing a better retiring life for all Ghanaians, as this year marks the beginning of payment of benefits to retirees under the National Pensions Act, 2008 (Act 766). Mr Awuah, in a speech read on his behalf at the 10th anniversary dinner and awards ceremony of the National Pensions Regulatory Authority (NPRA) said the government had worked closely with the Authority, “to ensure that no worker retiring under the Act 766 will be worse off.”

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