Gov’t intensifying pension reforms to cover informal sector workers – Minister
Government is intensifying efforts to integrate informal sector workers into voluntary pension schemes as part of broader reforms to secure dignified retirement for all Ghanaians.
Dr Abdul-Rashid Hassan Pelpuo, Minister of Labour, Jobs and Employment, said this at the Third Health Sector Occupational Pension Scheme Annual General Meeting in Accra.
The meeting was held on the theme: “Strengthening Ghana’s Pension Ecosystem for Development and Retirement Security.”
While there are more than 200,000 potential beneficiaries, only about 8,000 have been integrated into the scheme, highlighting the need for improved financial literacy and pension schemes among workers and employers to boost participation and compliance.
Dr Pelpuo noted that the government was exploring flexible contri...