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Press Releases of Wednesday, 27 May 2020

Source: Enterprise Trustees Limited

Enterprise trustees announces additional coronavirus support package for scheme members


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Enterprise Trustees Limited, the pensions subsidiary of Enterprise Group has taken a further step in the fight against COVID-19 to support over 350,000 scheme members on its Master Trust Tier 2 & Tier 3 who may be facing various levels of risk to COVID 19 with a bouquet of scheme member targeted solutions.
These include;

A Three (3) Month Pension contribution if retrenched

A Free Life Cover for Covid-19 cases

Employee wellbeing assistance program for retrenched or distressed employees

The Enterprise Group on 19th of March at the very onset of the pandemic stepped up to lead Corporate Ghana in the fight of the COVID-19 disease.

A provision of free life insurance cover of up to Ghs 20 Million for 2000 front line health workers handling COVID 19 cases from the Ghana Health service as well as a cash donation of Ghs100,000 to the Noguchi Memorial Institute for Medical Research and the Greater Accra Regional Hospital for testing kits and medical supplies respectively.

According to Mr. Joseph Ampofo, Managing Director of Enterprise Trustees, the company has adopted a multi-pronged approach since the effect of COVID-19 on people varies. “Not many people have life insurance covers and with a pandemic such as this we feel this might provide member’s beneficiaries some timely relief in the event the unthinkable occurs to that member.

Retrenchments are likely to affect the future retirement potential of members as the contribution gap today compounds over time, thereby negatively affecting one’s retirement income potential.”

Enterprise Trustees intends to provide that advantage to Scheme members who may be retrenched today to safeguard their tomorrow. The employee wellbeing assistance program is to provide those who may need the services of a team of Professional Psychologist to engage with.

Scheme members should dial the USSD short code *714*333* and select Covid Relief or visit www.enterprisegroup.net.gh/trustees and click Covid Relief to enjoy this offer.

The public is urged to continue to observe the safety protocols put in place in order to curb the spread of the virus. Wash your hands frequently with soap under running water and keep a mask on wherever you go.

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