Our Exclusive Personal Pensions Management Solution, a licensed program with the NPRA, is tailored for individuals and informal groups. It offers flexible payment plans which aligns with the diverse income streams of any participating individual.
This package is also designed to cater for all informal groups including but not limited to:
- Driver unions (GPRTU AND PROTOA)
- Ghana union of traders association
- Beauticians and hairdressers associations
- Dressmakers and tailors association
- Garages association
- Garages associations
- Artisans Association of Ghana
- Farmers and fishermen associations.
- Musician association
Key features
According to the National Pension Act, 2008(Act766) as amended informal economy sector workers/self-employed persons participating in a pension scheme whether as individuals or as part of a group will operate two accounts namely;
- Savings accounts.
- Retirement accounts.
Payment option
- Daily option with minimum GHc‚ 5.00
- Weekly option with minimum GHc‚ 15.00
- Monthly option with minimum GHc‚ 50.00
Payment platform
- Bank payment and all other alternative payment channels
Benefits
- Early retirement benefit after 55 years.
- Disability benefit lump sum when a member can no longer do meaningful work as a result of sickness or accident.
- Beneficiary claims as a result of a members death.
- Mortgage benefits using accrued benefit as a lien to acquire permanent residency.
- Group Life policies.
- Accrued benefit of the savings account as a lien to guarantee a loan.