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General News of Wednesday, 4 May 2011

Source: GNA

Workers urged to plan for retirement

Takoradi, May 4, GNA - Mr. Kofi Asamoah, Secretary General of the Ghana Trade Union Congress, on Wednesday advised workers to plan their retirement in order to avoid unexpected occurrences and ensure comfortable life after retirement.

"At least every Ghanaian employee and even those in the informal sector have to make a conscious effort to save and make the necessary arrangement 10 good years ahead of compulsory retirement", he said. Mr. Asamoah said this at a meeting with the Sekondi-Takoradi Metropolitan Council of Labour to share ideas on preparation for pension and other teething issues including unemployment and poor working conditions in both the private and the public sectors. He noted that due to unpreparedness for compulsory retirement, some workers have had to swear affidavit to change their date of birth. "Pension for every worker is inevitable and so there is no need for employees to be swearing affidavit to change their date of birth in order to stay a little longer", he said.