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The University Teachers’ Association of Ghana (UTAG) has rejected the newly proposed Alternative Offer for Pension Funds by the government.
UTAG revealed it resolved to reject the use of their pension funds including Ghana Universities Staff Superannuation Scheme (GUSSS), and Social Security and National Insurance Trust (SSNIT) among others for the proposal following a meeting of its executives.
“The NEC of UTAG held an emergency meeting on 15th April 2023, and upon careful deliberations, resolved to reject the New GOG Proposed Alternative Offer for Pension Funds.
“We unequivocally reject the request to use our Pension Funds, i.e., GUSSS, SSNIT and any other pension fund that affects our members, for the new alternative proposed offer by Government,” the association indicated in a statement issued on Monday, 17 April 2023, co-signed by its National President Solomon Nunoo and National Secretary Dr Asare Asante-Amanor.
It also stressed its earlier “resolve on the Domestic Debt Exchange Programme contained in a communiqué with reference UTAG/NAT/2022/EM-012 and dated 7th December 2022, that we are still unable to participate in any intervention that would worsen the plight of the already impoverished Ghanaian University Lecturer.”
Below is the full statement
