The Technical University Teachers’ Association of Ghana (TUTAG) is calling for the complete dissolution of the Social Security and National Insurance Trust (SSNIT) Board to ensure competent management of their pensions.
TUTAG’s demand follows SSNIT’s termination of the intended sale of 60% of its shares in four hotels to Rock City Hotel, owned by Agriculture Minister Bryan Acheampong. This decision came after Organised Labour threatened a nationwide strike on Monday, July 15. SSNIT has officially informed Organised Labour of its decision to halt the sale.
In a statement signed by TUTAG’s National President, Prof. Uriah S. Tetteh, the association declared that merely discontinuing the sale is insufficient and called for the removal of the current Board members.
“It is the view of members of TUTAG that it is insufficient for SSNIT to merely discontinue the process of selling its 60% shares in the four hotels. We believe that in order to move forward in the right direction on this matter, it would be appropriate for the Board to be totally dissolved to allow for more competent individuals who are committed to managing the affairs of our pensions to take over, with labour unions constituting the majority,” TUTAG pointed out.
TUTAG also demands an explanation from the Board and Management of the National Pensions Regulatory Authority (NPRA) regarding their abrupt reversal on halting the sale process.
“We also demand an explanation from the Board and Management of the National Pensions Regulatory Authority (NPRA) on how they initially disapproved and then miraculously approved such an unfortunate sale within a two-week period after halting the process.”
TUTAG has expressed solidarity with Organised Labour’s strike against SSNIT and stated its intention to take appropriate actions, which will be communicated to the public in due course.
“Following the call by the Trades Union Congress (TUC) on all unions and workers associations in the country to declare a nationwide indefinite strike action to reject the actions of the SSNIT Board of selling 60% of its shares in four hotels, we, the members of the Technical University Teachers’ Association of Ghana (TUTAG) wish to show solidarity with the TUC on this matter.
“We wish to state that in accordance with the procedures outlined in our Constitution and the Labour Act, Act 651 (2003), our membership will begin the processes of taking appropriate actions on the matter to be communicated to the public in due course.”
click to read TUTAG-Press-Release-on-SSNIT
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