Security services will remain on CAP 30 Pension Scheme -Government

President Akufo-Addo and his Cabinet has rescinded their decision to migrate the Ghana Police Service, the Bureau of National Investigations, Ghana National Fire Service and other security agencies from CAP 30 to the SSNIT Pension Scheme.

According to the Minister of Information, Mr Kojo Oppong Nkrumah, at a press conference in Accra today, he said government has no intention of moving security services under the ministry from the Cap 30 pension scheme.

His statement comes on the back of media reports that the government had approved plans to migrate some security services on the Cap 30 salary scheme to the Social Security and National Insurance Trust (SSNIT) pension scheme.

It would be recalled that on 8th April 2019, the Deputy Minister for Employment and Labour, Mr. Bright Wireko-Brobbey in a presentation to the Public Account Committee of Parliament said that Cabinet had granted approval for all pension schemes under Act 766, which will ensure that all members of the security agencies, except officers and men of the Armed Forces, make personal contribution to the SSNIT Pension Scheme. Police officers appeared not to have welcomed the news, thus, the minister’s statement has become assuring and refreshing news for all Police officers