The Social Security and National Trust (SSNIT) has warned business operators both formal and informal sector that it is criminal to operate business without registering employees within 30-days of commencement of operations.
It states that pension is a human right issue and is therefore an offense to engage anyone whether relative or not for the stipulated period and not following due process in the person’s contribution.
Acting Area Manager of SSNIT, Mr Collins Opoku stated this at National Pension Regulatory Authority (NPRA) day’s regional pensions learning alliance platform meeting in Tamale.
SSNIT, he said ensures every contributor’s money is jealously protected and preserved for payments at the ages of 55 to 60.
He explained that SSNIT can only pay pensions to a contributor before retirement age on condition that the person is certified by medical doctor that he or she is incapacitated or not fit to work and subject to the SSNIT’s medical board approval.
Mr. Opoku advised workers to peruse their pension statement obtain from SSNIT to be sure that their employers were paying the monthly contribution.
According to him, they may be some gaps identified in the process of the employer submitting contribution and SSNIT can rectified it once it is being detected.