The Minister of Employment and Labour Relations, Ignatius Baffour-Awuah, has inaugurated an eight-member Provident Fund Board of the Ghana National Association of Teachers (GNAT) with a call on the members to work diligently to ensure the success of the fund.
He also charged the board members to endeavour to be accountable to membership of the fund at all times to ensure transparency in their operations.
The eight-member GNAT Provident Fund Board is chaired by Ransford Lolih, the National Treasurer of the association, with the other members being Thomas Musah, Helen Akua Asantewaa Osei, Peter Obeng Nyamekye, Mr Victor de-Graft Etsison, Mr David Tomey Anning, Mr Phillip Dela Dzomanu and Mr Isaac Baah.
Mr Baffour-Awuah said if there was any social protection intervention which was so important and taken seriously, it was the issue of pension.
“This is because when we are born into this world, unless the Good Lord calls us before our retirement age, the moment we start work we should start thinking of the day we would end our working life.
“That social protection mechanism, which the law puts in place to safeguard us in our old age is pension. That is why I want to applaud GNAT by not going by the existing pension schemes which are compulsory but also making it possible for its members to also enrol on the third tier pension scheme,” he said.
The President of GNAT, Mr Isaac Owusu, said the association had come far in its scheme of activities.
“Our past officers started something and we are here to continue,” he said, adding that “if we are to sell our product to the general public, it would not take an individual but the collective efforts of all,” he said.