Churches Urged To Own Tier Three Pensions And Register Members To Secure Their Future
Churches have been urged by the National Pensions Regulatory Authority (NPRA) to own the Tier Three Pension and register their congregations under the scheme to guarantee their future financial security.
The Bono, Bono East, and Ahafo Regional Manager, Dr Williams Ohene-Adjei, explained that every individual working in the informal sector could register, join, contribute to, and benefit from the tier three pension scheme.
He stated that churches should set aside some of the dues paid by members and contribute to the pension scheme and which could help secure the future of the members.
Dr Ohene-Adjei noted that, besides their spiritual development, it behooved churches to also ensure the physical development of the members, saying that with the tier three pensions, everyone’s financial security was guaranteed.
He commended many churches that had now established cooperative societies to support the financial needs of members; however, those societies and various groups in the churches, including men, women, and youth fellowships and the choir, ought to also ensure that members contributed to their tier three pensions.
He said, “By doing so every member of the church will be financially secured and thereby lessen members’ overreliance on the churches for financial aid in challenging moments”.
He stated that churches should set aside some of the dues paid by members and contribute to the pension scheme and which could help secure the future of the members.
Dr Ohene-Adjei noted that, besides their spiritual development, it behooved churches to also ensure the physical development of the members, saying that with the tier three pensions, everyone’s financial security was guaranteed.
He said, “By doing so every member of the church will be financially secured and thereby lessen members’ overreliance on the churches for financial aid in challenging moments”.
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