Pay our GH¢1.7bn pensions to avoid any problems – GNAT threatens govt

The Ghana National Association of Teachers (GNAT) has reiterated its demand for the government to settle outstanding contributions to the Ghana Education Service Occupational Pension Scheme (Tier 2) for the past year.

GNAT accuses the government of failing to make these payments and has cautioned that further action may be taken if the arrears are not paid to the scheme’s managers.

In an interview, GNAT’s General Secretary, Thomas Musah, highlighted the urgency of the situation.

“The government owes us approximately GH¢770 million in principal. When you include the 3 percent interest, the amount rises to about GH¢1 billion.

“Therefore, the total debt is now GH¢1.7 billion, and we are urging the government to make these payments immediately to prevent any disruptions by the end of this month. It is in no one’s best interest for this issue to escalate,” he told Citi News.

Source: Adomonline

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