According to data, 87 percent of Ghana’s public sector employees make less than GH3,000 at the end of each month.
The Social Security and National Insurance Trust and the Trades Union Congress’ leadership discussed this at a stakeholder engagement session.
Stakeholder support and buy-in were sought at the conference to include public sector employees in the SSNIT Scheme’s coverage.
Joshua Ansah, the TUC’s deputy general secretary, stated to Joy News
According to the General Manager of Operations, Kingsley Adjei Manu, a merger will not only formalize pensions and deepen penetration, but will also leave pensioners better off – in line with international standards. He added that it has become necessary to extend coverage to informal sector workers in addition to increasing active membership and contributor base of the scheme.
He said “Merging both salaries and allowances is important because we have realized that salaries are meager as compared to allowances. Consolidation will make up for this deficit and in turn, increase the returns to these public sector workers.”
According to data by the Centre for Socioeconomic Studies (CSS), the average annual salary of a government employee in Ghana is between GH1,720 at the lowest end and GH2,007 at the highest.
According to the report, 93 percent of Ghana’s public sector employees only make up to GH2,007 at the end of each month.
According to the report, in 2021, 61.86 percent of all public sector employees made an average monthly net pay between GH1,720.75 and GH2,208.10, or GH1,964.42, and 30.74 percent made an average monthly net salary between GH2,257.94 and GH2,797.85, or GH2,527.89.
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