Ghana gov’t, unions fail reach consensuses over pension funds management


Ghanaian-President-John-Mahama(R)There was no consensus reached over the management of the second tier pension funds between Ghana’s Ministry of Social Welfare and Employment and 12 labour unions at a crunch meeting held on Tuesday in Acca to resolve the impasse which has resulted in the nationwide strike by public institutions.
The meeting was attended by a high-powered government delegation led by the Minister of Social Welfare and Employment, Haruna Idrisu while the officials from the Ghana Medical Association, the Ghana Association of Teachers, among others represented the labour unions also attended.

The labour unions are asking the government to release second tier of pension funds to them to manage it on behalf of the members but the government had refused and went ahead to sue the unions.

Currently, public institutions are on strike jeopardizing production in the country while President John Dramani Mahama is touring some European countries with the view to attracting investors into the country. He is currently in Norway on a four-day visit to the Scandinavian country.

Meanwhile, the government delegation is expected to meet with the labour unions again on Wednesday to find a solution to the impasse. The strike action has affected ministries, departments and agencies as well as the metropolitan, municipal and district assemblies, bringing the country into a standstill.