Home Travel News & Insights TUTAG needs dissolution of SSNIT Board

TUTAG needs dissolution of SSNIT Board

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The Technical University Teachers' Association of Ghana (TUTAG) is requiring the overall dissolution of the Social Security and National Insurance Trust (SSNIT) Board to enable skilled people to handle their pensions.

TUTAG's call follows SSNIT ended the designated sale of 60 percent of its shares in 4 hotels to Rock City Hotel, owned by Agriculture Minister Bryan Acheampong.

The termination of the sale was revealed after Organised Labour chose to start an across the country strike on Monday, July 15. SSNIT has actually formally interacted its choice to end the procedure of selling the hotels to Organised Labour.

In a declaration signed by TUTAG's National President, Prof. Uriah S. Tetteh, he mentioned that it is inadequate for SSNIT to cease the sale of its 60% shares, and for that reason, the Board members should be sacked

“It is the view of members of TUTAG that it is inadequate for SSNIT to simply terminate the procedure of offering its 60% shares in the 4 hotels. Our company believe that in order to move on in the ideal instructions on this matter, it would be proper for the Board to be completely liquified to enable more proficient people who are dedicated to handling the affairs of our pensions to take control of, with labour unions making up the bulk,” TUTAG mentioned.

TUTAG is likewise requiring a description from the Board and Management of the National Pensions Regulatory Authority (NPRA) concerning their unexpected turnaround of stopping the procedure.

“We likewise require a description from the Board and Management of the National Pensions Regulatory Authority (NPRA) on how they at first disapproved and after that amazingly authorized such a regrettable sale within a two-week duration after stopping the procedure.”

TUTAG has actually revealed uniformity with Organised Labour's strike to demonstration versus SSNIT, mentioning that it will start the procedure of taking suitable actions on the matter, which will be interacted to the general public in due course.

“Following the call by the Trades Union Congress (TUC) on all unions and employees associations in the nation to state a nation-wide indefinite strike action to turn down the actions of the SSNIT Board of offering 60% of its shares in 4 hotels, we, the members of the Technical University Teachers' Association of Ghana (TUTAG) desire to reveal uniformity with the TUC on this matter.

“We want to state that in accordance with the treatments detailed in our Constitution and the Labour Act, Act 651 (2003 ), our subscription will start the procedures of taking suitable actions on the matter to be interacted to the general public in due course.”

Click to check out the declaration by TUTAG

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