CHANGES IN THE PENSIONS LAW, PNDC 247 TO ACT 766 AS AMENDED IN 2014 (ACT 833)

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Ghana Education Service Occupational Pension Scheme

CHANGES IN THE PENSIONS LAW, PNDC 247 TO ACT 766 AS AMENDED IN 2014 (ACT 833)

March 25, 2022 by articles

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The Ghana Education Service Occupational Pension Scheme (GESOPS) is a Tier-2 pension scheme registered and regulated by the National Pensions Regulatory Authority under the Pensions Act, 2008, (Act 766) as amended. The Scheme's membership is drawn from employees of the Ghana Education Service, with members belonging to one of the Unions in the educational sector.

GESOPS is managed by a Board of Trustees with representation from relevant institutions such as the Ministries of Education, Finance, the Attorney General's Department, the various Unions and an Independent Trustee. Like all Tier-2 Pension Schemes, GESOPS receives five (5) out of the 18.5% monthly social security contributions made on workers’ behalf.

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Phone: 050 962 9009Email: info@gespensions.com.gh

CHANGES IN THE PENSIONS LAW, PNDC 247 TO ACT 766 AS AMENDED IN 2014 (ACT 833)

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