Pensioners to receive 13th-month bonus under my administration – Mahama

Flagbearer of the main opposition National Democratic Congress (NDC) John Dramani Mahama has promised to amend the Pensioners Act to ensure pensioners across the country are paid a 13th-month bonus.

Mr Mahama made the comments during the launch of the NDC’s 2020 Manifesto on Monday, 7 September 2020 in Accra.

Mr Mahama indicated that the Pensions Act when amended will make provision for persons who lose their jobs due to unforeseen occurrences to still earn a stipend while waiting to find a new job. 

The former President stated: “We’ll amend the National Pensions Act 2008 ACT 766 to improve both service delivery and financial efficiency in the SSNIT pension’s scheme.

“It will allow contributing workers such as private teachers amongst others who lose their jobs suddenly due to natural occurrences such as Covid-19 pandemic to be paid stipends while they search for a new job.”

Mr Mahama further promised that contributors to the SSNIT pension’s scheme between 10 to 15 years could access mortgage loans under the amended Act

 We will “allow workers who have contributed for a minimum period of 10 to 15 years to use their contribution as collateral to access mortgage loans for housing.

“We will pay pensioners an annual 13th-month bonus,” the NDC flagbearer noted.

He also promised an economy that will ensure that all citizens benefit from the national cake.

“Ghana’s economy is not working for the people, it is working for only a few.  We will fix the economy and make it work for all Ghanaians,” Mr Mahama added.

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