I do not support this idear. The problem with these our leaders is 'they always comparing our developing nation to the already developed. Don't they know the workload of the Ghana's working force is always greater than the da ... read full comment
I do not support this idear. The problem with these our leaders is 'they always comparing our developing nation to the already developed. Don't they know the workload of the Ghana's working force is always greater than the daily or monthly income? And to crown it all, they have no quality healthcare services because the so-called income cannot even fulfil 'the table' to talk of healthcare. Please I solidly second its abolition.
Boss 6 months ago
Point one is not a realistic argument. Using average life expectancy to argue retirement age is neither here nor there. Otherwise, developed countries might as well increase their retirement age to 80years.
Picking on poi ... read full comment
Point one is not a realistic argument. Using average life expectancy to argue retirement age is neither here nor there. Otherwise, developed countries might as well increase their retirement age to 80years.
Picking on point number 3 and using the police as an example. Bribery has transferred form generation to generation. Institutional innovation should be driven by prudent leadership otherwise the status quo would remain irrespective of the generation in place.
How about a voluntary 60-65 instead of a mandatory one as happen in other countries.
Hackman 6 months ago
The Analytical review points;
1. Core Statistical Issues:
- Ghana's life expectancy (~65-66 years) makes retirement at 65 problematic
- Many workers may die before or shortly after accessing pension benefits
- Creates s ... read full comment
The Analytical review points;
1. Core Statistical Issues:
- Ghana's life expectancy (~65-66 years) makes retirement at 65 problematic
- Many workers may die before or shortly after accessing pension benefits
- Creates situation where workers contribute for decades but may never benefit
2. Economic & Social Impact:
- Blocks career advancement opportunities for younger workers
- Worsens existing youth unemployment crisis
- Prevents natural workforce turnover and promotion cycles
- Disproportionately affects manual laborers and physically demanding jobs
3. Structural Problems:
- Ghana lacks healthcare infrastructure of developed nations with higher retirement ages
- Policy doesn't account for earlier working age in Ghana vs. developed countries
- Ignores physical reality that many jobs become unsustainable in one's 60s
4. Alternative Solutions Suggested:
- Improve pension fund management instead of extending working years
- Develop sustainable funding mechanisms
- Address systemic pension issues rather than burden workers
- Focus on creating opportunities for youth demographic
5. Timing Concerns:
- Proposal comes during economic challenges
- Ghana has large youth population needing employment opportunities
- Policy seems disconnected from local economic realities
6. Fairness Argument:
- Workers deserve to enjoy retirement years after decades of service
- Policy effectively "steals" worker contributions if they die before benefiting
- Places burden on workers rather than fixing system inefficiencies
I do not support this idear. The problem with these our leaders is 'they always comparing our developing nation to the already developed. Don't they know the workload of the Ghana's working force is always greater than the da ...
read full comment
Point one is not a realistic argument. Using average life expectancy to argue retirement age is neither here nor there. Otherwise, developed countries might as well increase their retirement age to 80years.
Picking on poi ...
read full comment
The Analytical review points;
1. Core Statistical Issues:
- Ghana's life expectancy (~65-66 years) makes retirement at 65 problematic
- Many workers may die before or shortly after accessing pension benefits
- Creates s ...
read full comment