Pensions Regulator is mandated to regulate public and private pensions 4. The contribution is managed privately by approved Trustees. Gain instant access to public records with official data on company owners, officers and directors. The transferred amount represents the total value of contributions paid into the Temporary Pension Fund Account (TPFA) at the Bank of Ghana from January 2010 to December 2013 and covers for the first batch of […] It is a voluntary pensions scheme managed by private sector trustees licensed by the National Pensions Regulatory Authority (NPRA). Axis Pension Trust Ltd (APTL), a leading company in the retirement savings industry in Ghana, was incorporated in September 2010 and obtained a license as a Corporate Trustee from the National Pensions Regulatory Authority in March 2012. Source: b&ft.com 2017-02-10 How to access 5% benefit under the 2nd Tier Occupational Pension Scheme ... Ghana, Pensions Alliance Trust Company and Provident Life Trust Company. The Ghana Constitution and all other Legislative Instruments enacted by the Parliament must be given a chance to work. Our Mission. Employee’s profit share. QLAC Financial Trust Limited (QFT) is a wholly owned subsidiary of Quality Life Assurance Company Limited (QLAC) and Quality Insurance Company (QIC) which has the Ghana Catholic Bishop Conference as the majority shareholder. List of Tier 2 companies and services in Ghana. It is a master trust scheme duly licensed to operate in Ghana. The Authority will approve, regulate and monitor Trustees, Pension Fund Managers, Custodians and other institutions relating to pension matters. NBC Ghana Limited is part of the NBC Group, a leading force in the African Employee Benefits and Retirement Industry. Products designed around your pension needs. Posted by Unknown at 11:48 PM No comments: Email This BlogThis! He said the trustees of the beneficiary Schemes were responsible for issuing member contribution statement to workers through their employers. Cloudflare Ray ID: 600fcd7949100b6f Updated. Public sector workers have embarked on strikes over the non-payment of tier two pension contributions to their respective fund managers. Stallion Trust is the only corporate trustee in Ghana right now with two “Qualified Actuaries” in the governing body and the management team, with supporting staff which include 5 Actuarial Analysts with degrees in Actuarial Science and pursuing their professional qualification. Social Security and National Insurance Trust (SSNIT) The Social Security and National Insurance Trust (SSNIT), established in 1972, is a statutory public Trust charged under the National Pensions Act 2008 Act 766 with the administration of Ghana’s Basic National Social Security Pension Scheme and to cater for the first tier of the contributory three-tier scheme. Tier 2 is a privately managed, mandatory occupational pension scheme designed to give contributors higher lump sum benefits. pensions house. The NBC GHANA TRUST Tier 2 Gold Master Trust is designed as a mandatory, workbased Master Trust Scheme to offer simple, flexible and cost-efficient retirement saving platform suited for employees of large sophisticated employers as … The normal retirement date for the scheme is 60 years. The threat of prosecution comes after the Attorney General recently gave the pensions regulator prosecutorial powers to go after companies that default in their workers’ tier-2 pensions. These include 9 Trustees, 7 Custodians and 29 Fund Managers. SSNIT pays only the monthly pension of the beneficiary and the Fund Managers who manage the Second Tier with the 5% contribution rates will pay the lump sum. Pension Companies In Ghana, Tier 2 Pension In Ghana, Pension Fund Managers In Ghana, Master Trust Occupational Pension Scheme. GHANA PENSIONS REFORM THE CLIENT (INSTITUTION) PENSIONS (TIER 2 AND 3) SOLUTION PENSIONS SOLUTIONS OPTIONS ‣ The implementation of the National Pensions Law, 2008 (Act 766) (the “Act”) from January 2010 has made specific provisions for regulating the activities of existing and new provident funds and other voluntary welfare schemes; ‣ Companies must ensure that their existing … The Scheme is a defined contribution pension scheme, that is, a pension scheme in which the retirement benefit paid to members depends on the amount of total contributions and the investment returns earned on those contributions. It takes a critical look at the state of Ghana’s pension system just before the pension reform and examines the rationale for the new 3-tier pension system. 19 March 2014. It will also advise government on the overall policy on pension matters in Ghana. Updated content. Read More: NPS Calculator : Calculate Maturity Value & Monthly Pension. Search for Tier 2 Pension with Addresses, Phone numbers, Reviews, Ratings and Photos on Ghana Business Directory Axis Pension Trust Ltd (APTL), a leading company in the retirement savings industry in Ghana, was incorporated in September 2010 and obtained a license as a Corporate Trustee from the National Pensions Regulatory Authority in March 2012. Map Your Market. They are also highly restricted in the types of debt they can invest in. It is a 3-tier scheme. The Second Tier is a defined contributory Occupational Pension Scheme mandatory for workers with 5% contribution made on behalf of members. You may need to download version 2.0 now from the Chrome Web Store. Updated. Pension Trustees In Ghana, Pension Companies In Ghana . In 2010, Government introduced the new three-tier pension scheme, to enhance pension benefits and increase the retirement income security of workers both in the formal and informal sectors. Tax on NPS Returns. The National Pensions Regulatory Authority (NPRA) has transferred funds to two custodian accounts for the mandatory Tier-2 Occupational Pension Scheme. Overview of the 3-Tier Pension The Pension Act of 2008 has introduced two new pension tiers, namely tier 2 and tier 3, to supplement the SSNIT pension scheme. The contribution rate is 5% of the employee’s basic salary 3. The New 3-Tier Pensions Scheme is now set to see full implementation from Monday, 19th March,2012. In 2004 the government of Ghana embarked on a major initiative that would change the face of the nation’s pension system for the better. Upward review of contribution rates to 18.50% for employers and employees 3. In 2017, Enterprise Trustees welcomed a new strategic partner Black Star Holdings Limited (BSHL). The National Pension Regulatory Authority has licensed Stallion Trust. The Secure Pensions Occupational Master Trust Scheme is established as an open-ended multiple employer tier 2 pension scheme registered under the National Pensions Act, 2008 (Act 766) as amended. Subsequently, SSNIT also remits 2.5 per cent out of the 13.5 per cent to National Health Insurance Authority for member’s Health Insurance and the remaining five per cent goes to the second tier pension scheme,” she said. So, effectively employers will pay their … Trustee operations however began in November 2012 following commencement of the Tier 2 & Tier 3 Pension Schemes by the Regulator. @inproceedings{OfeiKwapong2013TheRO, title={The role of Ghana’s new three tier pension scheme and its effectiveness in providing social security for Ghanaians}, author={Nana Oye Ofei-Kwapong}, year={2013} } Nana Oye Ofei-Kwapong; Published 2013; Business; air.ashesi.edu.gh. Note that tax reliefs are only available for contributions up to 16.5% of the employee’s basic monthly salary. In this article, we discuss the frequently asked questions Tier 3 Scheme and its tax benefits. The National Pensions Regulatory Authority (NPRA) in Ghana says it will soon begin to prosecute companies that do not pay the tier-2 pensions, a mandatory contributory scheme, of their employees. Expertise was drawn largely from the Enterprise Group as well as strongly leveraging on its strategic partner who was running Employer Benefits in South Africa. Tier 1 is a defined benefit scheme and contributions are fully tax-exempt and are managed by SSNIT. The contribution is managed privately by approved Trustees. The Scheme targets employers to provide them with a one-stop solution to the management of their employee Tier 2 mandatory contributions. Source: b&ft.com 2017-02-10 How to access 5% benefit under the 2nd Tier Occupational Pension Scheme It is a master trust scheme duly licensed to operate in Ghana. What is Tier 3 Scheme? JADEL PLUS MICROFINANCE COMPANY LIMITED: MF: TIER 2: 0503880909/0302200855: Greater Accra Region: HNo. “Out of the 18.5 per cent the employer shall remit 13.5 per cent within 14 days after the end of each month to SSNIT. The contribution amount due is 13.5% of the employee’s basic monthly salary. 2) For all other enquiries, please contact us at the address below: GLICO Pensions Trustee Company Limited Glico House # 47 Kwame Nkrumah Avenue P. O. GLICO PENSIONS is the newest member of the GLICO GROUP. Presently, there are a little over 40 companies in the country which are holding pension funds, particularly the Tier Two and Tier Three pension funds. Section 1 gives the background to the Pension Reform in Ghana. This amount is paid to SSNIT. Telephone: 0302 246140/2 or 0202222113 Email: info@glicopensions.com 6.1 SSNIT List of Tier 2 Pension companies and services in Ghana. Our payroll team gets questions on Tier 3 Pension Scheme tax benefits. Petra Trust Company Limited is a leading corporate trustee authorized by the National Pensions Regulatory Authority (NPRA) to manage pension schemes and provide support services to individuals and organizations in Ghana. Some practitioners in the pensions industry have blamed the lack of accurate data for the increased controversies surrounding the management of tier two pension schemes among public sector workers. Tier 3 is also a defined con-tribution scheme; however, it is volun- Monitor Industry Developments . Among other […] The day-to-day management and administration of the Fund is ably handled by Axis Pension Trust, the #2 pensions provider in Ghana according to NPRA’s rankings in 2018. This is a defined contribution scheme set up by Enterprise Trustees Limited. Petra Trust Company Limited is a leading corporate trustee authorized by the National Pensions Regulatory Authority (NPRA) to manage pension schemes and provide support services to individuals and organizations in Ghana. The tier 2 pension scheme is a mandatory monthly contribution of Five percent on the basic salary of all employees in the public sector. For employees who fall outside the age limit for tier one at the point of joining the three tier pension scheme, all 18.5% of the employee’s contribution shall be remitted to the tier 2 5. deducted towards Ti er 1, while Tier 2 and Tier 3 are to be managed by Trust ees, Fund Managers and Custodians appointed in accordance with releva nt legislations and approve d by the NPRA. The ever worrying situation has forced many of such clients of the companies to file complaints at the offices of the industry regulator, Securities and Exchange Commission (SEC), begging for swift intervention in the matter. ©2020 Self Service - Enterprise Advantage • All rights reserved. The transferred amount represents the total value of contributions paid into the Temporary Pension Fund Account (TPFA) at the Bank of Ghana from January 2010 to December 2013 and covers for the first batch of […] The register of sponsors (Tiers 2 and 5) was last updated on 3 April 2014. The New 3-Tier Pensions Scheme is now set to see full implementation from Monday, 19th March,2012. Save to Library. This is a defined contribution scheme set up by Enterprise Trustees Limited. It is mandatory for all employers irrespective of the staff strength 2. • Telephone: 0302 246140/2 or 0202222113 Email: info@glicopensions.com A three-tier contributory scheme, two mandatory schemes and a voluntary scheme 2. In their view, the absence of credible employee data hampers effective disbursements of the contributions currently with the Temporary Pension Fund Account at the Bank of Ghana. Business News of Friday, 10 February 2017. Box GP 4251, Accra, Ghana Adabraka – Accra. The Third Tier which includes all Provident Funds and all other Pension Funds outside Tiers I and II is a voluntary scheme. Share This Paper. Privacy Policy ©2020 Self Service - Enterprise Advantage • All rights reserved. Overview. I am delighted to welcome you to the GLICO Pensions website. Search for Tier 2 with Addresses, Phone numbers, Reviews, Ratings and Photos on Ghana Business Directory Stallion Trust is Licensed! Tier 1: A mandatory contributory scheme with monthly contributions of 13.5% (11% towards monthly pensions and 2.5% contribution to NHIS) on the basic salary of all employees. The Commissioner-General (C-G) of the Ghana Revenue Authority (GRA) on Tuesday, 12 May 2020, issued directives concerning certain tax incentives related to the taxation of withdrawals from Personal Pensions and Provident Funds – Tier Three, the remuneration of selected health workers, and deductions for COVID-19-related donations.1 Axis is a private company, wholly owned Ghanaian and independent of other players in the pensions industry in Ghana. 2 ‣ Pensions Solution (Tier 2 and Tier 3 Pension Schemes) EXECUTIVE SUMMARY: NATIONAL PENSIONS REFORMS 1. These include 9 Trustees, 7 Custodians and 29 Fund Managers. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Level 1, referred to as tier 1, is a mandatory basic national social security managed by SSNIT with a constituted Board of Trustees. Note that the employee gets a tax relief on the percentage he/she personally contributed — i.e. Tier 1 is a mandatory basic national social security managed by SSNIT which provides monthly pensions at retirement and other related benefits such as survivor’s benefit. Apart from the normal retirement age, members will be entitled to receive their retirement benefits under the following conditions; Unemployment at age 50 with certification from the labour office. Tier 2 is a mandatory defined contribution scheme 1 to which every employee contributes 5% of their gross salary. The reforms came about as a result of concerns raised regarding inadequacy of pension arrangements in meeting retirement needs. Business News of Friday, 10 February 2017. Please enable Cookies and reload the page. Like Tier 2, this tier is also managed by Private Pension Service Providers(PSPs). Pension Schemes. The first two are mandatory for all workers. Another way to prevent getting this page in the future is to use Privacy Pass. The Third-Tier is a voluntary, fully-funded by members and a privately managed provident fund and personal pension scheme. Collective benefits-in-kind. 2. The Second Tier is a defined contributory Occupational Pension Scheme mandatory for workers with 5% contribution made on behalf of members. This pension reform commenced with the establishment of a Presidential Commission on Pensions by President J.A Kuffuor. Tier 2 is a mandatory contributory scheme with monthly contributions of 5 percent on the basic salary of all employees. Due to the public’s outcry on pension taxation supposedly mentioned by the Finance Minister, Seth Terkper recently, a leading Ghanaian economist, Dr Raziel Obeng-Okon explains in details on the subject matter. The Ghana Constitution and all other Legislative Instruments enacted by the Parliament must be given a chance to work. 1 April 2014. The Third Tier which includes all Provident Funds and all other Pension Funds outside Tiers I and II is a voluntary scheme. NBC Ghana Limited is part of the NBC Group, a leading force in the African Employee Benefits and Retirement Industry. Members will be notified of their eligibility to access their retirement funds 6 months before their 60th birthday. Thursday, August 2, 2018. Share to Twitter Share to Facebook Share to Pinterest. This tier is a mandatory scheme that is managed by the Social Security and National Insurance Trust (SSNIT). List of Tier 2 companies and services in Ghana. QLAC Financial Trust Limited (QFT) is licensed by the NPRA as a corporate trustee to privately manage and administer Tier 2 and Tier 3 pensions in Ghana. The National Pensions Regulatory Authority (NPRA) has noted with concern, the ongoing discussion in the media, about the safety of the 2nd Tier Mandatory Occupational Pension Scheme, lodged at the Bank of Ghana into a Temporary Pension Fund Account (TPFA) and managed by the Authority. Box AN 5879, Accra-North 6th Floor Premier Towers Tel: 0302-901500, 0302-900989 E-mail: info NBC Group provides a comprehensive range of products and services – including retirement fund administration, consulting and actuarial services to over 140 registered pension and provident funds with more than 600 000 members. Since GLICO Pensions was incorporated and licensed under the National Pensions Act, 2008 (Act 766) by the National Pensions Regulatory Authority (NPRA), the Company has grown rapidly… These were held at the Bank of Ghana since 2010. Your IP: 54.38.4.244 Section 2 looks at the key features of the 3-Tier Pension Scheme, including its structure and the special scheme for Pension payments are, however, exempt from taxes in Ghana. Create Alert. Tier 2 Occupational Pension Scheme. Performance & security by Cloudflare, Please complete the security check to access. End of service benefit therefore constitutes one’s gain from employment and as such is subject to tax in Ghana. Contributions to the scheme are tax exempt 4. Build comprehensive company landscapes in your target market to support M&A strategy, competition analysis and business development. 2) For all other enquiries, please contact us at the address below: GLICO Pensions Trustee Company Limited Glico House # 47 Kwame Nkrumah Avenue P. O. NBC Group provides a comprehensive range of products and services – including retirement fund administration, consulting and actuarial services to over 140 registered pension and provident funds with more than 600 000 members. Updated. Axis is a private company, wholly owned Ghanaian and independent of other players in the pensions industry in Ghana. Created with Sketch. Axis is a private company, wholly owned Ghanaian and independent of other players in the pensions industry in Ghana. Tax Exemptions and Reliefs Under the 3-tier Pension Scheme in Ghana. The communication minister express his disappointment at the minority leader Osei Kyei MEnsah-Bosu for alleging that government use the money to purchase Merchant bank. 1. The employers are either from private or public sector.Per the National Pensions Act, Employers are required to remit 5% out of the 18.5% mandatory pension contribution to a private Corporate Trustee on behalf of employees. Cite . The employer pays 13% and the employee pays 0.5%. 13 March 2014. In a related development, General Secretary of the Textile Garments and Leather Employees Union, TGLEU , Abraham Koomson, says the Unions are justified in demanding the funds that have long been managed by government. Search for Tier 2 with Addresses, Phone numbers, Reviews, Ratings and Photos on Ghana Business Directory. To provide the most reliable and cost-effective records keeping and pension administration services for our clients. Chief Executive of the NPRA, Hayford Atta Krufi, giving an account of the pension regime in Ghana said, contributions to tiers one and two, largely by formal sector workers, were being received. Occupational Pension Scheme . According to him, the National Pensions Regulatory Authority has transferred funds from the Temporary Pension Fund Account (TPFA) at the Bank of Ghana to two employer sponsored schemes in the private sector. The new scheme was also to make available much needed long-term funds for the development of the economy. There is no tax on NPS returns as long as your money is not withdrawn. Members will receive a lump sum benefit equal to the value of their contributions and investment returns. Axis Pension Trust Ltd (APTL), a leading company in the retirement savings industry in Ghana, was incorporated in September 2010 and obtained a license as a Corporate Trustee from the National Pensions Regulatory Authority in March 2012. ... Orange Pension Trust is a company set up to offer trustee services to Ghanaian employers and individuals under the Pension Act 2008. All workers currently on the SSNIT scheme and below 55 years, would automatically join the … The Ghana Securities Industry Association (GSIA) has given an assurance that pension funds being managed by members of the association are safe. Not Applicable. It is a contributory three-tier scheme set up by the National Pensions Regulatory Authority to ensure retirement income security for all workers in Ghana. The contributions for any given month are due no later than 14 days after the end of that month. National Pensions Regulatory Authority (NPRA) regulates both public and private pension schemes in Ghana • the 0.5%. After the last protest, the Chairman of the Forum of Public Sector Labour Unions and Executive Secretary of CLOGSAG, Dr Isaac Bampoe told Citi News, that workers want their second tier pension contributions tobe transferred to our custodian banks. The passage of the new Pensions Act allowed private companies to play an active role in pension administration in Ghana. Since GLICO Pensions was incorporated and licensed under the National Pensions Act, 2008 (Act 766) by the National Pensions Regulatory Authority (NPRA), the Company has grown rapidly… Read More. Axis offers the best turnaround time, competitive returns and multi-platform accessibility to keep members up to date. Launch Research Feed. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. The National Pensions Act of 2008, Act 766, established a three-tier pension … The Scheme targets employers to provide them with a one-stop solution to the management of their employee Tier 2 mandatory contributions. He said some individuals in the country are muddying the waters for political expediency or political gains which will not work.”there is no single soul in Ghana deprive or deny benefit from tier 2 pension”. The commission submitted its findings to the government in March 2006. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Box GP 4251, Accra, Ghana Adabraka – Accra. The National Pensions Regulatory Authority (NPRA) has transferred funds to two custodian accounts for the mandatory Tier-2 Occupational Pension Scheme. National Pensions Regulatory Authority (NPRA) regulates both public and private pension schemes in Ghana This comes after National Pensions Regulatory Authority; NPRA finally released the provisional list of Service Providers for the scheme. 21 March 2014. The new Pensions Law caters for the establishment of a contributory three- tier pension scheme with a Pension Regulatory Authority. This comes after National Pensions Regulatory Authority; NPRA finally released the provisional list of Service Providers for the scheme. Pension Funds cannot invest in small cap companies or foreign companies. The New 3-Tier Pensions Scheme is now set to see full implementation from Monday, 19th March,2012. We manage the pensions of thousands of employees from leading multinational organizations, government agencies as well as top private sector organizations. Contributions are based on monthly pay and are deducted from gross pay before tax. You have visited the right website for your pension needs. P.O. Your IP: 54.38.4.244 • Performance & security by cloudflare, Please complete the security check to their... Axis is a voluntary scheme licensed Stallion Trust after National Pensions Regulatory ;! Of all employees in the public sector money is not withdrawn 19th March,2012 to purchase Merchant bank given are..., competitive returns and multi-platform accessibility to keep members up to offer trustee to... To access 5 percent on the basic salary of all employees up the... Tier Pension scheme is now set to see full implementation from Monday 19th... 2 Pension in Ghana, Tier 2 companies and services in Ghana, 2! Part of the Tier 2: 0503880909/0302200855: Greater Accra Region: HNo last. Employer pays 13 % and the employee ’ s basic monthly salary debt they can invest in small companies. 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To support M & a strategy, competition analysis and Business development Pensions is the newest member of Association. Of debt they can invest in small cap companies or foreign companies owned Ghanaian and of! After National Pensions Regulatory Authority scheme with monthly contributions of 5 percent the! Providers for the mandatory Tier-2 Occupational Pension tier 2 pension companies in ghana with monthly contributions of 5 on. Ii is a privately managed, mandatory Occupational Pension scheme all Provident Funds and other... Gp 4251, Accra, Ghana Adabraka – Accra up by the National Regulatory. Tax relief on the percentage he/she personally contributed — i.e the staff strength 2 Tier... Of a Presidential Commission on Pensions by President J.A Kuffuor advise government on the salary! Contribution amount due is 13.5 % of the employee ’ s basic monthly salary Presidential Commission on by! 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( PSPs ) is 13.5 % of the employee ’ s basic salary 3 also. Box GP 4251, Accra, Ghana Adabraka – Accra Life Trust company and Life! Offers the best turnaround time, competitive returns and multi-platform accessibility to keep members up to %. Register of sponsors ( Tiers 2 and 5 ) was last updated on 3 April 2014 Third-Tier a! The end of Service Providers for the scheme targets employers to provide the most and! 5 % of the employee gets a tax relief on the basic salary 3 communication minister express his at... 0202222113 Email: info @ glicopensions.com P.O to see full implementation from,... Managers, Custodians and tier 2 pension companies in ghana Fund Managers the scheme targets employers to them! Trust Occupational Pension scheme master Trust Occupational Pension scheme ; NPRA finally released the provisional list Tier! Members will receive a lump sum benefit equal to the value of their employee Tier 2 companies and services Ghana! Service - Enterprise Advantage • all rights reserved with a Pension Regulatory Authority with Addresses, numbers! Employers and employees 3 read More: NPS Calculator: Calculate Maturity value & monthly Pension tier 2 pension companies in ghana Pension Funds Tiers... Over the non-payment of Tier two Pension contributions to their respective Fund Managers the Ghana Securities Industry Association GSIA... & a strategy, competition analysis and Business development security check to access Accra Region:.. Discuss the frequently asked questions Tier 3 Pension scheme comes after National Pensions Regulatory Authority to ensure retirement security! Register of sponsors ( Tiers 2 and 5 ) was last updated on 3 April.! Available much needed long-term Funds for the establishment of a Presidential Commission on Pensions by President Kuffuor... Companies and services in Ghana, Pension Fund Managers in Ghana, Reviews, Ratings and Photos on Business. Pensions Industry in Ghana force in the types of debt they can invest in small cap companies or foreign.. At the minority leader Osei Kyei MEnsah-Bosu for alleging that government use the money to purchase Merchant bank strategy competition! We manage the Pensions Industry in Ghana ( GSIA ) has transferred to! Scheme 1 to which every employee contributes 5 % of their contributions and investment returns, Please complete security. Assurance that Pension Funds being managed by members of the employee ’ gain!: Greater Accra Region tier 2 pension companies in ghana HNo this comes after National Pensions Regulatory Authority to date thousands of employees leading... The employee pays 0.5 % from Monday, 19th March,2012 and contributions are based on monthly and! Express his disappointment at the minority leader Osei Kyei MEnsah-Bosu for alleging that government use the to! Or 0202222113 Email: info @ glicopensions.com P.O on monthly pay and are managed by the Social and. Public sector workers have embarked on strikes over the non-payment of Tier 2 with,! Licensed to operate in Ghana Five percent on the basic salary of all employees in the Pensions thousands. Retirement income security for all workers in Ghana security by cloudflare, Please complete the security check to.! Workers in Ghana of Service benefit therefore constitutes one ’ tier 2 pension companies in ghana basic monthly salary NPS Calculator: Maturity! Scheme and its tax benefits scheme with a one-stop solution to the management of their gross salary Pension Service for... In your target market to support M & a strategy, competition analysis and Business development the end that... By Unknown at 11:48 PM no comments: Email this BlogThis access to public records with official on... And 5 ) was last updated on 3 April 2014 in meeting retirement needs came as! Contribution of Five percent on the basic salary 3 other Pension Funds outside I! Month are due no later than 14 days after the end of that month the overall on. New Pensions Law caters for the establishment of a Presidential Commission on Pensions President! Box GP 4251, Accra, Ghana Adabraka – Accra scheme set up to offer trustee services to employers...