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Fears that huge employer debts could cripple social security scheme
Fears that  huge employer debts could cripple social security scheme  
SSNIT
 
Sunyani area accountant of the Social Security and National Insurance Trust (SSNIT), Amos Donkor,has expressed worry that the huge  indebtedness of private establishments across the country posed a serious
threat to the operations of the Trust and would have negative repercussions on their  employees. Mr. Donkor was addressing more than 200 employers  from Techiman  municipality, Kintampo and Nkoranza districts at a workshop at Techiman.
     
The workshop, under the theme; “the role of employers under the SSNIT  Employer Member Account Reconciliation (EMAR) system”, was aimed at  educating employers on the need for them to update their records with the Trust by  paying the contributions of their employees regularly and promptly.

Mr. Donkor expressed concern about the delay of employers in paying their  workers’ contributions to the Trust, saying the practice did not allow employees to  benefit from the National Health Insurance Scheme. He stressed the need for employers to make prompt and regular payments of  workers’ contributions to enable them to access the benefits and warned that it is  illegal for them to withhold such contributions.

The Techiman branch manager, Collins Opoku explained that the EMAR  system is an in-house application mechanism developed by SSNIT to estimate  employers’ indebtedness at the end of every month and to prompt them to settle  their debts appropriately.

Posted on: Saturday, 19, July, 2008
Source: GBCnews
 
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