Registration of Mandatory 2nd Tier Occupational Pension Scheme
NPRA wishes to inform employers, workers and the general public that, SSNIT will continue to collect the mandatory 5% tier 2 contributions from employers without any registered schemes, after 31st December 2013 for a transitional period.
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NPRA EDUCATE'S WORKERS ON THE 3-TIER PENSION SCHEME IN THREE REGIONS
The National Pensions Regulatory Authority (N.P.R.A.) in its national educational campaign, has educated workers in three regional capitals namely; Cape Coast in the Central Region, Tamale in the Northern Region, and Bolgatanga in the Upper East Region on the 3-Tier Pension scheme. The Authority stressed on the need for employers to join or register a 2nd Tier Occupational Pension Scheme to benefit fully from its provision in the National Pensions Act, 2008 (Act 766) and also to facilitate the release of funds from the Temporary Pension Fund Account (TPFA) lodged at the Bank of Ghana since 2010.