Minister Responsible For Pensions In Ghana Visits NPRA

The Minister for Employment and Labour Relations, Hon. Ignatius Baffour Awuah, has paid a day’s working visit to the National Pensions Regulatory Authority (NPRA) in Accra.

The Minister, who was accompanied by his Deputy, Mr Bright Wireko-Brobby and his entourage were received by Mr Hayford Attah Krufi, the Chief Executive Officer (CEO) and the management of the Authority.

The familiarisation visit follows the decision of the President to assign the Minister of Employment and Labour Relations, an additional responsibility as Minister in Charge of Pensions (NPRA). During the working visit, the Minister held two separate meetings with the Board and Management of the Authority for a briefing on the activities of the Authority.

He also interacted with the staff of NPRA and encouraged them to work hard for the country.
Speaking to the media at the end of the visit, Mr Baffour Awuah assured workers that their Pensions Fund was safe and that Government had kept its word to exempt Pensions Funds from the ongoing Domestic Debt Structuring Programme.

He said the Management of the Authority had indicated that following the operationalization of the National Pensions Act for some years now, they had seen some shortfalls, and therefore, they had proposed to the Government that there was the need for the Act to be reviewed and certain amendments made to it.

The Minister urged workers to take interest in their Pensions right from day one of their employment.
He also urged workers to find out who was in charge of their tier two Pensions Scheme, adding that Pensions were useful to everyone at every stage of life.
The Minister further appealed to the press to help educate people on Pensions issues.

Mr David Tetteh-Amey Abbey, the Deputy CEO of the NPRA, in an interview with the press, on the behalf of the Board, Management and staff of the Authority expressed gratitude to the Minister for the visit.
He urged every employee to take a serious interest in their Pensions matter; stating that the Authority was carrying out sensitisation education for the public on Pensions and that any organisation which needs such education could write to them for help.