{"id":41636,"date":"2023-05-03T14:49:54","date_gmt":"2023-05-03T14:49:54","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=41636"},"modified":"2023-05-03T14:48:44","modified_gmt":"2023-05-03T14:48:44","slug":"clogsag-warns-government-to-stay-off-its-pension-funds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds","title":{"rendered":"CLOGSAG warns government to stay off its pension funds"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Ghana. <\/strong><\/span><b>The Civil and Local Government Staff Association, Ghana (CLOGSAG) have sent a strong warning to government to stay off its pension funds saying the country have been thrown into an economic crisis and that government has targeted their funds for economic support.<\/b><\/p>\n<p>\u201cAs workers, we called for a better pensions scheme that would yield reasonable gratuities and lumpsums therefore government must not interfere in the pension funds of the Association\u201d CLOGSAG further warns.<\/p>\n<p>Speaking at the 2023 Mayday celebration on the theme, \u201cSafeguarding Pension Incomes Now, To Avoid Old Age Crisis\u201d, the Deputy Executive Secretary of CLOGSAG, Mr. William Krakani said the Association frowns on government\u2019s attempt to impose its own private pension scheme on public sector workers hence workers are advising government to find other modules and methods to address the economic challenges.<\/p>\n<p>\u201cOrganised labour including CLOGSAG engaged government to exempt pension funds from the Domestic Debt Exchange Programme (DDEP)\u201d, he said adding that an attempt by government to go ahead, workers will find it difficult to have easy access on records to its pension funds.<\/p>\n<p>He said CLOGSAG have warded off shrewd consultants attempting to control the privately managed schemes set up by the Association.<\/p>\n<p>The Deputy Executive Secretary disclosed that members who were in the service before January 1st, 2023 have part of the Tier-2 fund in the form of past credits in the custody of SSNIT.<\/p>\n<p>\u201cNegotiations between governments, FORUM and SSNIT resulted in SSNIT adjusting interest rates on past credits although below commercial rates\u201d, he said and again directed SSNIT to transfer all past credits of members within the public sector to their respective schemes as directed by the Labour Commission (NLC) in 2020.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/ghana\">Ghana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Ghana. The Civil and Local Government Staff Association, Ghana (CLOGSAG) have sent a strong warning to government to stay off its pension funds saying the country have been thrown into an economic crisis and that government has targeted their funds for economic support. \u201cAs workers, we called for a better pensions scheme that [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-41636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CLOGSAG warns government to stay off its pension funds - Ghana<\/title>\n<meta name=\"description\" content=\"The Civil and Local Government Staff Association, Ghana (CLOGSAG) have sent a strong warning to government to stay of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CLOGSAG warns government to stay off its pension funds\" \/>\n<meta property=\"og:description\" content=\"The Civil and Local Government Staff Association, Ghana (CLOGSAG) have sent a strong warning to government to stay of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-03T14:49:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/05\/postQueueImg_1683104915.68.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"233\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"CLOGSAG warns government to stay off its pension funds\",\"datePublished\":\"2023-05-03T14:49:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\"},\"wordCount\":298,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/05\/postQueueImg_1683104915.68.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/clogsag-warns-government-to-stay-off-its-pension-funds\",\"name\":\"CLOGSAG warns government to stay off its pension funds - 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