Members of the Assinman Co-operative Cocoa Farmers and Marketing Limited have voiced strong objections to the current structure of the Cocoa Farmers Pension Scheme, which is currently being piloted in the Assin Fosu Cocoa District.Kwabena Assan Mends, speaking on behalf of the farmers, questioned why the government's contribution to the farmers' pension scheme is set at just 1%, compared to the standard 13.
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5% typically allocated to government employees.The Ghana Cocoa Board (COCOBOD) began the pilot phase of the pension scheme’s deduction process on August 6, 2024. This trial is designed to test real-time deductions before the scheme's full implementation, which is scheduled to start on October 1, 2024, during the peak crop season.
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The farmers are requesting increased stakeholder consultation prior to the scheme’s nationwide launch, urging COCOBOD to address their issues and provide more detailed information.Additionally, Robert Enyan, the 2015 Central Regional Best Farmer, along with other farmers, has called for more transparency on key aspects of the scheme, including the process for selecting next of kin and other personal details.
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