Tag Archives: pension

A Guide to Pension Obligations of Employers and Employee

pension obligations

The employer and employed both have responsibilities under the National Pensions Act, 2008 Act 766. If an employer does not comply with the Act, he can incur penalties and suffer a loss of reputation.  Employer’s obligation  Register with both SSNIT and a fund manager of his choice. Ensure all their employees registered with SSNIT. Deduct and […]


Our payroll team gets questions on Tier 3 Pension Scheme tax benefits. In this article, we discuss the frequently asked questions Tier 3 Scheme and its tax benefits. What is Tier 3 Scheme? It is a voluntary pensions scheme managed by private sector trustees licensed by the National Pensions Regulatory Authority (NPRA). Who can contribute to […]

The Expatriate And Ghana Pension Law – Frequently Asked Questions

Q1. What is the national pension scheme in Ghana? A: The National Pension Scheme is a 3-tier scheme created under the National Pensions Act 2008, Act 766. The tiers are: ● Tier 1 – the first tier is the Basic National Social Security Scheme for all workers in Ghana. It is a defined contribution scheme. […]