The President, Nana Addo-Dankwa Akufo-Addo has appointed Mr. John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority. (NPRA). Mr. Mbroh, whose appointment takes effect from 1st February 2024, replaces Mr. Hayford Atta Krufi who proceeds on retirement after holding the position since 2017. “Mr. Mbroh, a management member of […]
Tag: NPRA
Pension funds must bankroll private sector, not govt — Axis CEO
The Chief Executive Officer of Axis Pensions, Afriyie Oware, has challenged pension fund managers to stop funding the government and channel their resources into private sector to help unlock their potential for sustained growth. Mr Oware said the practice where the fund managers acted like an extension of the Ghana Revenue Authority (GRA) by mobilising […]
Parliament passes Pensions Bill
Parliament has passed the National Pensions (Amendment) Bill, 2021. The object of the bill is to exclude the Police Service, the Immigration Service, the Prisons Service, the security and intelligence agencies and the Ghana National Fire Service from the unification pensions. The bill seeks to amend the National Pensions Act, 2008 (Act 766) to exclude […]
NPRA retrieves GH¢3.1m from defaulters
The National Pensions Regulatory Authority (NPRA) has retrieved GH¢3.1 million from companies that defaulted in the repayment of pension contributions under the tier two scheme. It has also taken 15 employers to court, while others are being processed for prosecution, after they were found to have defaulted in the payment of the mandatory contributions. The amount […]
Fight breaks out between SSNIT and TUC over computation of pension benefits
The Trades Union Congress (TUC) and Social Security and National Insurance Trust (SSNIT) are in a brawl over the computation of the benefits of pensioners. According to TUC, the computation is inaccurate because it misinterprets the Pensions Law, resulting in low pensions, a situation that has rendered pensioners worse off and in unstable financial condition. […]
TUC fights for pensioners, calls on SSNIT to give them what is due them and promptly too
The Trades Union Congress (TUC) has called on government to intervene to ensure that no worker is shortchanged. It also made a concrete and specific proposal to Social Security and National Insurance Trust (SSNIT) and National Pensions Regulatory Authority (NPRA) for consideration, adding, “TUC is convinced SSNIT is looking at the proposal to get a […]