Increasing retirement age could have dire consequences - SSNIT boss warns

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ALHAJI PORK 1 week ago

INCREASE THE RETIREMENT AGE to 65 years. Government must take this crucial decision now!!. Ghanaians are now living longer and stronger

INCREASE THE RETIREMENT AGE to 65 years. Government must take this crucial decision now!!. Ghanaians are now living longer and stronger
Mr MT Lawson 1 week ago

I totally agree

I totally agree
OLABODI 1 week ago

WHO APPOINTED THIS MAN DIRECTOR GENERAL OF SSNIT? HE IS A TOTAL DISASTER. HIS ANALYSIS IS LAME AND CHILDISH. INCREASING THE RETIREMENT WILL NOT AFFECT YOUTH EMPLOYMENT WHATSOEVER. THE YOUTH AT EARLY STAGE DO NOT HAVE THE EXPE ...
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WHO APPOINTED THIS MAN DIRECTOR GENERAL OF SSNIT? HE IS A TOTAL DISASTER. HIS ANALYSIS IS LAME AND CHILDISH. INCREASING THE RETIREMENT WILL NOT AFFECT YOUTH EMPLOYMENT WHATSOEVER. THE YOUTH AT EARLY STAGE DO NOT HAVE THE EXPERIENCE TO ASSUME THE ROLE OF RETIREES. SOME GRADUATES AFTER COMPLETION SOMETIMES WASTE 10 TO 15 YEARS AT HOME BEFORE GETTING JOBS. SOME DONT GET JOBS AT ALL. INCREASING THE RETIREMENT AGE WILL BENEFIT THOSE WHO GET JOBS AFTER SO MANY YEARS AT HOME. I KNOW A FRIEND WHO COMPLETED LEGON IN 2009 WHO HAS STILL NOT GOTTEN A JOB. HE IS NOW IN HIS EARLY 50.
Ayekoo Magazine 1 week ago

Those Fortunate To Get Their University/Tertiary Education In Saner Clime Nations Get To Be Taught/ So Know/ What Works In Government &Industry &What Doesn't Work

Those Fortunate To Get Their University/Tertiary Education In Saner Clime Nations Get To Be Taught/ So Know/ What Works In Government &Industry &What Doesn't Work
Ayekoo Magazine 1 week ago

&The Issue Of Retirement &The Welfare Of Elderly Persons Has Become A Rights Issues

&The Issue Of Retirement &The Welfare Of Elderly Persons Has Become A Rights Issues
Ayekoo Magazine 1 week ago

&As A Commentator/ Put It In The Documentary/ Squandering The Wealth Of A Nation/ By The Journo Onyeka Onwenu/ Nigerians Do Get The Opportunity/Because They Are An In/Dependent Nation/ To Do Things/ But Don't Do The Things We ...
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&As A Commentator/ Put It In The Documentary/ Squandering The Wealth Of A Nation/ By The Journo Onyeka Onwenu/ Nigerians Do Get The Opportunity/Because They Are An In/Dependent Nation/ To Do Things/ But Don't Do The Things Well/& In The /Case/ Of Ghana &Ghanaians
Ayekoo Magazine 1 week ago

The Popular Teacher Kojo/ Has Documented How Primary/Basic Education Looks Like In Rural/Smalltown Ghana/ Secondary School &University Education Is Wrought With Untowardness

The Popular Teacher Kojo/ Has Documented How Primary/Basic Education Looks Like In Rural/Smalltown Ghana/ Secondary School &University Education Is Wrought With Untowardness
Herman 1 week ago

Admission government cannot create jobs.
Need innovative solutions CEO.
Massive private sector contributions.
Look at Diaspora also contributing pension back home
This will unlock massive funds
Depoliticize SSNIT
Stop u ...
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Admission government cannot create jobs.
Need innovative solutions CEO.
Massive private sector contributions.
Look at Diaspora also contributing pension back home
This will unlock massive funds
Depoliticize SSNIT
Stop useless investments no profit
Kofi Atta 1 week ago

Think out of the box for solutions

Think out of the box for solutions
No need for extension 1 week ago

When more young Ghanain are employed, they will also contribute more to the pension scheme. That will mean, more men for SSNIT. Let encourage those strong pensioners to establish business and employ more young ones by so doin ...
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When more young Ghanain are employed, they will also contribute more to the pension scheme. That will mean, more men for SSNIT. Let encourage those strong pensioners to establish business and employ more young ones by so doing creating employment and more money for SSNIT.

Nkwaseafuo 1 week ago

When advanced countries are increasing their retirement age to save money and use the experience of old workers, listen to what this clueless guy is trying to defend. At least making the retirement age at 65 won't be bad

When advanced countries are increasing their retirement age to save money and use the experience of old workers, listen to what this clueless guy is trying to defend. At least making the retirement age at 65 won't be bad
Agbeli Kumordi 1 week ago

65 years is reasonable to retire
People retire earlier stay home doing nothing and started drinking too much and die few yets later
65 yeah is reasonable

65 years is reasonable to retire
People retire earlier stay home doing nothing and started drinking too much and die few yets later
65 yeah is reasonable
The orangutan state 1 week ago

Th3 pension scheme can be sustained but poor management and corruption is the problem. Most people heading the pension scheme.lack I ivative ideas, lack of investment ideas.

Th3 pension scheme can be sustained but poor management and corruption is the problem. Most people heading the pension scheme.lack I ivative ideas, lack of investment ideas.
Ayekoo Magazine 1 week ago

Pupils/Students Bootstrap&Keep Their Head Above Their Way Through The Nations In/Adequate Education System Finally Graduating And Are Told There Are No Graduate Level Work/The Government Accountant Has Not Given This Or That ...
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Pupils/Students Bootstrap&Keep Their Head Above Their Way Through The Nations In/Adequate Education System Finally Graduating And Are Told There Are No Graduate Level Work/The Government Accountant Has Not Given This Or That Authority/So& So International Financial Institution Has Conditioned That Government Pause Employment
Ayekoo Magazine 1 week ago

&The First Thing In The Morning Issue Which Is Also The Main Market Issue The Remuneration In The Country

&The First Thing In The Morning Issue Which Is Also The Main Market Issue The Remuneration In The Country
Fofie 1 week ago

Mr Biney has a solid point here. I teach pensions, so I have a fair idea of the issues being discussed. Life expectancy for Ghanaian is 66, according to recent World Bank data. By increasing the retirement age to 65/67, means ...
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Mr Biney has a solid point here. I teach pensions, so I have a fair idea of the issues being discussed. Life expectancy for Ghanaian is 66, according to recent World Bank data. By increasing the retirement age to 65/67, means more contribution to scheme, less pay-out and more youth unemployment The implication is a low pay put as many would probably die before or shortly after retirement. That is the practical implication of raising the pensionable age
Papa kofi 1 week ago

As a scheme director he did not mention a single statistic or model on the potential or otherwise of the projected extension of the retirement age and the current status of Ssnit in terms of payments and sustainability. Rathe ...
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As a scheme director he did not mention a single statistic or model on the potential or otherwise of the projected extension of the retirement age and the current status of Ssnit in terms of payments and sustainability. Rather he veered into the logic of creating youth unemployment. Others have done it he has to learn how.
Ayekoo Magazine 1 week ago

The Remuneration Level Of The Ordinary Ghanaian Is Such That It Doesn't Permit The Ordinary Ghanaian Get Hold Of The Property Ladder AndStart Climbing It/ They Obviously Can't Afford To Purchase A Family Automobile/ Nutrition ...
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The Remuneration Level Of The Ordinary Ghanaian Is Such That It Doesn't Permit The Ordinary Ghanaian Get Hold Of The Property Ladder AndStart Climbing It/ They Obviously Can't Afford To Purchase A Family Automobile/ Nutrition &More Importantly The Quality Of Education SThey Are Able To Get For Their Wards Is Also Affected
Ayekoo Magazine 1 week ago

The Implicitly &Explicitly Low Levels Of Remuneration In The Nations Is So Draining That The Worker Can't Set Anything Aside For A Rainy Day Not To Talk To Saving For Retirements AndPension

The Implicitly &Explicitly Low Levels Of Remuneration In The Nations Is So Draining That The Worker Can't Set Anything Aside For A Rainy Day Not To Talk To Saving For Retirements AndPension
Horrible 1 week ago

Hello Mr SSNT boss, if this assertion is really true that you said it, then you have a very low IQ, and I believe Ghana has many of such inept occupying key national positions. Globally, the least said about solving youth une ...
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Hello Mr SSNT boss, if this assertion is really true that you said it, then you have a very low IQ, and I believe Ghana has many of such inept occupying key national positions. Globally, the least said about solving youth unemployment is thinking about filling retirement gaps with new recruits. Come on, you are too big to think that way. I have been working a public sector in institution since 2010, at that time the workforce was about 3000, and as I speak today 2026, the total employee of the same organisation is less than 1000, even though the national population has kept increased exponentially. No serious country rely on retirement gaps to solve youth unemployment problem. Conscious efforts are made through policy directions to create good and well paid jobs every year by all serious nations. That's how serious minds think. Enough of the "kontomire" mindsets having forced their ways into helms of affairs churning poor decision at the detriment of national development. Do you think the developed countries never considered your this weak opinion before opting for extending the pension age? Have you also considered the depth of experience and expertise being thrown away because of short pension age? Please come again.

Ayekoo Magazine 1 week ago

And The Reason The Ayekoo Magazine Is Going To Extra Length In Explaining The Human Condition Of The Ordinary Ghanaian Is That/ In The Counsel(Lawyer By Vocation Variant) Of The Ghanaian President Akuffo Addo/ There Is Nothin ...
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And The Reason The Ayekoo Magazine Is Going To Extra Length In Explaining The Human Condition Of The Ordinary Ghanaian Is That/ In The Counsel(Lawyer By Vocation Variant) Of The Ghanaian President Akuffo Addo/ There Is Nothing Natural Of The Human Condition The Ordinary Ghanaian Find Themselfs
Ayekoo Magazine 1 week ago

&Scholars Have Unanimously Agreed That History Will Look Favorable Towards The Assertion/Point Of View/Opinion/Submission That The Human Condition The Ordinary Ghanaian Find Themself Is Not Natural /Hence The Possibility Is T ...
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&Scholars Have Unanimously Agreed That History Will Look Favorable Towards The Assertion/Point Of View/Opinion/Submission That The Human Condition The Ordinary Ghanaian Find Themself Is Not Natural /Hence The Possibility Is There/Exist For Empowerment
Common sense... 1 week ago

The SSNIT boss says that raising the retirement age in Ghana will hurt graduate employment. This idea can be compared to two families. In the first family (like Ghana), the elders are asked to leave their rooms early (retire ...
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The SSNIT boss says that raising the retirement age in Ghana will hurt graduate employment. This idea can be compared to two families. In the first family (like Ghana), the elders are asked to leave their rooms early (retire) so the younger ones can take over. In the second family (like developed nations), they plan ahead by building more rooms with modern facilities every year. This way, everyone — young, old, and even visitors — has enough space. So, which family is thinking wisely?
Ayekoo Magazine 1 week ago

So The Critical Mass Searched For The Empowerment/Needed To Bring About The Positive Change In There Living Circumstances &Employment

So The Critical Mass Searched For The Empowerment/Needed To Bring About The Positive Change In There Living Circumstances &Employment
Ayekoo Magazine 1 week ago

The Search Yielded Results That Covered The Organisation Level AndIndividual Level On The Organisational/Governmental Level AndIndividual Level The Responsibility Of Citizens(Xoxo)

The Search Yielded Results That Covered The Organisation Level AndIndividual Level On The Organisational/Governmental Level AndIndividual Level The Responsibility Of Citizens(Xoxo)
Dan 1 week ago

I agree totally with him. If you have acquired useful skills, you can retire at 60 years and be a consultant etc. Let the youth also get the chance to come up.
There has been several incidents where people try to change thei ...
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I agree totally with him. If you have acquired useful skills, you can retire at 60 years and be a consultant etc. Let the youth also get the chance to come up.
There has been several incidents where people try to change their ages to stay on longer.
People can retire but start taking full pension after 62 years. Between the retirement age and turning 62, they can take half pension.
Ayekoo Magazine 1 week ago

On The Organisational/Governmental Level The Empowerment/Action That Will Bring About Positive Change In The Economic Circumstances Of The Ordinary Ghanaian Is Finding A Cure/Treatment To The Irregular/ Divisive/ Debilitating ...
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On The Organisational/Governmental Level The Empowerment/Action That Will Bring About Positive Change In The Economic Circumstances Of The Ordinary Ghanaian Is Finding A Cure/Treatment To The Irregular/ Divisive/ Debilitating/Debasing Practice Of Economic Policy Dis/ Continuation
Ayekoo Magazine 1 week ago

Once(Hon Hassan Ayariga Presidential Candidate For The PNC Political Party)Variant) A Cure/Treatment/Solution/Resolution Is Found To The Practice The Next Empowerment/Action Is Economic Zones

Once(Hon Hassan Ayariga Presidential Candidate For The PNC Political Party)Variant) A Cure/Treatment/Solution/Resolution Is Found To The Practice The Next Empowerment/Action Is Economic Zones
Yaw sarpong 1 week ago

Ssnit Age Reduction.in Ghana here president mahama must Reduce pension Age from 60 to 55 it's better some mens dead leave their pension money due to hardship in Ghana please Reduce pension Age now

Ssnit Age Reduction.in Ghana here president mahama must Reduce pension Age from 60 to 55 it's better some mens dead leave their pension money due to hardship in Ghana please Reduce pension Age now
Infact reduce to 55 without loosing any benefit! 1 week ago

Society is decaying all because everyone is busy out there to the disadvantage of younger generation. Who nurtures them to become responsible adults?

Me, I wish the retirement age is 55years without loosing full benefits. ...
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Society is decaying all because everyone is busy out there to the disadvantage of younger generation. Who nurtures them to become responsible adults?

Me, I wish the retirement age is 55years without loosing full benefits. Thats taking a full monthly benefit till one gets 60years to collect lumpsum. SSNIT boss must review that so people can volunteer to leave their space for a young man or woman to occupy. 30yrs of work must be enough to retire if properly planned.

The older generation must be available at home to spend time to nurture the grandchildren into responsible adults. Not surprised the current generation lacks discipline . The elderly are needed home to fill gaps of firsthand home training when parents are all out to work.

THERE SHOULD BE NO COMPULSORY RETIREMENT 1 week ago

There should be NO COMPULSORY retirement age in the first place. Forced retirement is huge disadvantage to the older generation who when they were younger and working were not paid reasonable and adequate salaries vis-a-vis ...
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There should be NO COMPULSORY retirement age in the first place. Forced retirement is huge disadvantage to the older generation who when they were younger and working were not paid reasonable and adequate salaries vis-a-vis the demands of the jobs. Take the Nurses and Midwives, for example, they do night duties from 8pm to 8am and are paid s paltry amount of ghc3000 to 4500 in today Ghana monthly. How much can they save monthly and use it for investment to help them when they retire? So because salaries are poor, it's a big burden on those are around age 60 how they are going to cope after compulsory retirement. Meanwhile, the Members of Parliament and politicians and appointments, the so-called Article 71 holders, are far higher monthly and take per diems and sitting allowances and huge ex-gratias with no retirement age for them!. So there's already so much economic injustice in the country. I'm the Western countries which are more developed they have no compulsory retirement age besides they paying better salaries, and the youth get employment and immigrants come there and do well economically because they encourage private sector and innovative ways of employment. In Canada, for instance, many people voluntarily retire by 50 because they have been well-paid over the years and therefore can reasonably invest after 50 and live a more relaxed lives and be touring the world; and, even they don't have compulsory retirement. A friend in Australia says compulsory retirement, as exists in Ghana, is a feature of 3rd world and underdeveloped countries.

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Increasing retirement age could have dire consequences - SSNIT boss warns

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