another ‘top down’ social pension

… promised, this time, in Ghana.

The Deputy Volta Regional Minister, Mr Francis Komla Ganyaglo, has announced that the government is developing a social pension scheme for old people in the informal sector to help address issues of poverty in old age. ….

Mr Ganyaglo … called on all stakeholders to commit themselves to a comprehensive, multi-lateral and multi-sectorial collaboration and action in addressing the challenges that may arise.

Mr Ganyaglo was addressing a leadership course organised by the Shepherd’s Centre of Ageing, Ghana for a section of the aged drawn from various communities in the Volta Region in Ho [capital of the region]. ….

Togbe Kwaku Ayim IV, who was the chairman for the function said the age-old extended family system was collapsing causing lack of care for the aged and called for new schemes to replace it.

Tim Dzamboe, “Social pension scheme for aged in informal sector“, Graphic Online, 10 May 2014

It is not specified whether the pension will be limited to residents of Volta (former Togo) or not.

Via Pension Watch, here is a two-year old report on social pensions announced by the Vice-President of Ghana:

Government says it is exploring measures to institute social pension for all persons beyond 65 years with no productive capacity. It is therefore intensifying efforts at constructing what the government calls a solid social floor for all to cushion them in bad times and equip them to withstand economic risks and shocks.

Vice President Paa Kwesi Amissah-Arthur announced this at the 9th Quadrennial Delegates Congress of the Ghana TUC ongoing at the KNUST in Kumasi.

Government To Institute Social Pension For All Persons Beyond 65 Years“, Ghana Broadcasting Corporation, 15 August 2012.

The promised social pensions will be means-tested, but it is not clear what the test will be. “Informal sector” and “no productive capacity” are vague terms for targeting benefits.


Comments are closed.