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GOG Tier 2 Pensions ManagementIn the wake of the ongoing impasse between the Government and organized labour on the management of the tier 2 pensions of public sector workers, the Board, Management and Staff of Pensions Alliance Trust Ltd.
TRANSFER OF FUNDS FROM THE TEMPORARY PENSION FUND ACCOUNT (TPFA) TO REGISTERED SCHEMESThe National Pensions Regulatory Authority (NPRA) has transferred funds from the Temporary Pension Fund Account (TPFA) at the Bank of Ghana to the first batch of employers in the private sector, who have registered under the mandatory 2nd Tier Occupational Pension Scheme and successfully gone through the application, validation and due diligence on the compliance process.
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payment by 20 percent for 2016.
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- Albert Einstein