Pensions Labour unions threaten strike over Tier-2 pension

The unions have demonstrated in the past to compel government to pay their contributions into their registered schemes but government refused to do so.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Twelve labour unions have threatened to embark on a nationwide industrial action on November 15 if government fails to pay Tier-2 pension funds.

According to them, government is being lackadaisical in complying with a High Court judgment, which ordered the release of the second tier pension funds of public sector workers to their custodian banks by April 2016.

READ ALSO: BOG releases tier two pensions to private companies

The court gave the order after government sought an out of court settlement in the case in which it is battling the 12 labour unions as to who manages the tier two pension contribution of workers.

But addressing the media in Accra on Wednesday October 26, the chairman of the 12 labour unions, Dr Isaac Bampoe Addo said they would be compelled to strike by November if their demands are not met.

Public sector workers across the country have been battling the government’s decision to manage their second tier pension funds on grounds that such a decision is against the National Pensions Act, 2008 (Act 766).

But the government disagreed with the unions, citing the risk associated with unions running their own schemes.

The government subsequently inaugurated nine registered schemes to administer the tier two pension contributions of public sector workers.

Recommended Articles

Recommended Videos





Top Articles

1 Watch Fufu is killing Africans - Pastor Mensa Otabilbullet
2 Instant Justice Nana Oye Lithur condemns mob justice on lady stripped...bullet
3 In Tamale Nigerian girl gang raped and killedbullet
4 Assault OccupyGhana demands justice for lady stripped naked in Kumasibullet
5 Independence Celebration Ghana @ 60 cloth out; sells at GH¢240bullet
6 New Government Blakofe is deputy CEO for GTDCbullet
7 Nana Addo Gov't Debrah-Karikari appointed Secretary to Cabinetbullet
8 Ford Gift saga I gave Ford Expedition gift to Nana Addo -...bullet
9 Drill Ship Saga I'll make sure Asiedu Nketia goes to...bullet
10 In The Central Region Teachers responsible for...bullet

Top Videos

1 Health Alert Fufu is killing Africans - Mensah Otabilbullet
2 Video Police officer attacked at Flagstaff Housebullet
3 Marine Drive Project Time's up, but residents refuse to relocatebullet
4 Meet "The Beast" President Obama's Cadillac that's more tank than carbullet
5 Obinim What happen'd when we fact checked Obinim's Bible knowledgebullet
6 Kwame Nkrumah Interchange Water leaks from hole in wall at new...bullet
7 Video Taxi driver terrified after an encounter with a ghostbullet
8 Vitiligo Enam Honya - is challenging what you think about...bullet
9 In Zimbabwe President Mugabe’s 70 year-old aide marries...bullet
10 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet

News