The National Pensions Regulatory Authority (NPRA) as part of its quest to improve informal pension coverage in Ghana will from today May 15, 2023 commence an outreach programme in the Central region to create awareness on pensions.
The move is to educate and sensitise both formal and informal sector workers on pension matters.
The outreach programme which ends on Friday, May 19, 2023 is to encourage the informal sector workers in the area to understand and appreciate the need to prepare towards retirement by joining and actively participating in pension schemes to help alleviate old-age poverty.
A press release from the NPRA said the Minister for Employment and Labour Relations, Mr Ignatius Baffour Awuah would join a team from the Authority led by its Chief Executive Officer, Mr Hayford Atta Krufi to undertake the five-day exercise which is themed, “Pension For All.”
The outreach programme would take the team to the Cape Coast metropolis, Mfantseman and Agona West Municipalities.
Central regional Minister, Mrs Justina Marigold Assan in a meeting with the NPRA in Cape Coast welcomed the initiative, expressing the hope that the exercise would help identify the many informal sector workers in the region who are not on pensions and sign them on to pension schemes.
She said the collaboration between the NPRA and the Regional Coordinating Council was an indication of government’s efforts in addressing old age and retirement challenges among the people.
Some pension Corporate Trustees will join the campaign to encourage and aid prospective pension contributors to register on pension schemes.
The team will address members of the Local Council of Churches, the Muslims Communities, students and staff of tertiary educational institutions, Traditional Leaders, and Informal Sector Groups among others.
There will also be Pensions Forums for identifiable groups like the Driver Unions, Market Women, Ghana Hairdressers and Beauticians Association Tailors and Dressmakers Association, Ghana Hoteliers Association, the Ghana Enterprise Agency and other Individual self-employed.
The Authority as part of the outreach will mount stands at various markets and offices to explain pension matters and help address challenges people face in relation to pensions