In order to allow retirees to choose not to participate in the Social Security and National Insurance Trust (SSNIT) pension plan, the Civil and Local Government Staff Association (CLOGSAG) has given notice that it would forward a proposal to Parliament to change the Pensions Act, 766.

According to CLOGSAG, this enables retirees who have completed their required 180 months of employment to get a higher pension.

According to the group, this appeal is necessary to ensure that pensioners do not fare worse under the SSNIT pension plan.

The association is also arguing that this will make retirees receive enhanced benefits in retirement.

Executive Secretary of CLOGSAG, Isaac Bampoe Addo, served this notice at the inauguration of the Public Services Pensioners Association in Accra.

According to the Deputy Minister of Employment and Labour Relations, the government has accrued over GHS40 billion as pension funds for retirees.

Mr Bright Wereko Brobbey said the government will roll out a risk-based system to provide security for all pension funds for the retirees.