The University Teachers Association of Ghana (UTAG) has rejected the government’s new proposed debt restructuring offer, which includes pension funds.
A release dated April 17, 2023 warned government of counter measures should pension funds of their members be touched.
According to the President of UTAG, Prof Solomon Nunoo who co-signed the statement with the National Secretary, Dr Asare Asante-Annor, the NEC of UTAG held an emergency meeting on 15th April, 2023 and have resolved to reject the New GOG Proposed Alternative Offer for Pension Funds.
“We, therefore, write to 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,” Prof Nunoo said.
UTAG statement follows the Finance Minister on Friday urging the Board of Trustees of Pensions Funds to allow for pension funds to be included in government’s new proposed debt restructuring offer.
But leadership ofUTAG stated warned that “governmental intransigence in this matter would not be countenanced as we are willing to fight to ensure that no one robs our members off their pension funds.”
