Stay away from our pension – Health service workers to gov’t


The Health service workers union has officially warned the government to stay away from their pension fund as the government plan to do a debt restructuring program.

The minister of finance, Mr. Ken Ofori Atta in his presentation of the 2023 budget announced a debt restructuring program for domestic bondholders in terms of interest payment.

Due to this, about 94% of Tier 2 contributions are likely to be affected.

Following this, the General Secretary of the Health service workers union Mr. Franklin Owusu Ansah addressing a press conference on Sunday 4th December 2022 indicated that the union will resist any attempt by the government to touch their pension contributions.

“Workers were made to believe that there will be no haircuts. The President of Ghana reassured and reaffirmed to workers on this…the attempt to touch the pensions in the quest to restructure debts means the government is tampering with the present and the future of workers. Pensions and Investments are being put at risk by the actions of the government.

“We shall resist any attempt by the government to give any kind of haircut whatsoever on pension because our future is at risk. Workers of Ghana cannot continue to suffer to the grave, enough is enough.”

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