Tuesday, November 5, 2024

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Don’t touch our pension funds – CLOGSAG warns govt

As part of measures to revive the economy, the Civil and Local Government Staff Association (CLOGSAG) has firmly advised the government not to touch its pension funds.

In order to resuscitate the faltering economy, the government is currently asking the International Monetary Fund for a $3 billion bailout. It has started a program to restructure domestic debt in order to gain support.

Pension funds were officially spared from the debt exchange scheme, but the finance minister recently stated that talks with labor unions about how their pension funds could be used to help the government accomplish specific benchmarks are currently underway.

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The group will continue to battle for better working conditions for its members, according to Kojo Krakrani, the association’s deputy executive secretary, who was speaking as part of the May Day Celebration on the theme “Protecting our Pensions and Incomes Now to Avert Old Age Crisis.”

Let those who have ears, let them hear this message: “CLOGSAG is sending a warning signal to all forces, both visible and invisible, to avoid the current pension arrangements as enshrined in the national pension act, 2008 Act 766.”

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The Trades Union Congress has also urged that the public Cathedral project be turned into a public hospital.

The transformation of the cathedral project into a hospital will better serve Ghanaians’ needs, according to TUC Secretary-General Dr. Anthony Yaw Baah, who was speaking during the 2023 May Day parade in Bolgatanga in the Upper East Region.

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“The president has consistently said that he wants to build a second Notre Dame in Ghana so that we can draw lots of tourists, but we disagree. The project should actually be turned into a national hospital, Dr. Yaw Baah stated, adding, “Mr. President, you can also shrink the size of your government. Ministers and deputy ministers are overrepresented in Ghana.

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