In 2025, Nana Addo Dankwa Akufo-Addo will step down as Ghana's president on January 7. He will be eligible for a retirement payment upon leaving office, in accordance with the 1992 Constitution of Ghana and the recommendations of the legislature.
The Constitution's Article 68(4) guarantees that past presidents would receive a pension and gratuity commensurate with their pay and benefits during their term in office. Retired presidents can take full advantage of these benefits without any deductions because they are surprisingly tax-exempt.
Office and Housing Facilities
The 2016 report from the Prof. Dora Edu-Buandoh Committee was significantly different from the previous suggestions of the Chinery-Hesse Committee, which suggested two completely furnished state-provided houses. A retired president is entitled to a housing allowance of 40% of their salary each month in lieu of state-sponsored housing. The government also supplies a fully equipped office with staff support, including a gardener, steward, and cook.
The advantages of transportation
Retired presidents receive significant transportation support. They are entitled to two properly maintained, fully insured vehicles with chauffeurs provided by the state. In order to guarantee dependable and safe mobility, these cars are replaced every four years.
Protection and Medical Care
Former presidents are concerned about their personal safety. A retiring president selects two security personnel from the state's agencies. To guarantee that their health is always maintained, the former president and their spouse are provided with free, state-sponsored medical treatment.
Travel and Utility Coverage
Retired presidents and their spouses are granted two state-sponsored overseas trips annually. Each trip, not exceeding two weeks, is fully funded, covering all travel and accommodation costs. Moreover, the state bears the expenses for utilities, including water, electricity, and telecommunications, at their official residence.
These benefits are designed to honor the service of former presidents, ensuring they maintain a dignified and comfortable standard of living. By providing financial security, reliable transportation, healthcare, and other perks, the Constitution acknowledges their contributions to national development.
As Nana Addo Dankwa Akufo-Addo prepares to step down, these provisions will guarantee his smooth transition into retirement while upholding the stature of his office.