MARCH 5

WWW.DAILYHERITAGE.COM.GH
DAILY HERITAGE MONDAY, MARCH 5, 2018
People rarely succeed unless they
have fun in what they are doing.
by paying monthly contributions.
The CEO said, however, there
are still employers and companies
who are yet to pay the mandatory
social security contribution and may
need enforcement from the Authority
to comply.
Mr Krufi said the Act stipulates
that the minimum age of membership
is 15 years and maximum 45
years. He said companies ought,
therefore, to comply to secure the
future of employees.
He said the authority was put in
place to oversee the administration
and manage the composite schemes
to ensure that the various regulatory
bodies of the scheme such as the
trustees, fund management and the
likes adhered to the rules of safeguarding
their investment.
“It will interest you to know that
the assets for tier-2 alone stand at
GH¢ 8.5b which keeps on changing
and accounting for 5.4% of GDP.
We have not even factored in Social
Security and National Insurance
Trust pension which if you add will
be hitting at least 20% of GDP,” he
noted.
Mr NPRA boss added that “we
are trying hard to push so that the
contributor’s interest is always
supreme.”
On his part, the Deputy Chief
Executive Officer, NPRA, Mr
—Dale Carnegie
We want powers to prosecute SSNIT contribution defaulters—NPRA
• READ FROM PAGE 2
David Tetteh Armey-Abbey said
the Authority aims at investing
contributor’s funds to ensure
that there is security.
Mr Tetteh said total assets
management for tier 2 and 3 private
pension fund as at January
31, 2018 was GH¢10.9b.
It’s final
BY MOHAMMED AWAL
• Parl’t endorses entrance
exams at Ghana School of Law
•The General Legal Council will
continue to conduct entrance exams
at the Ghana School of Law
PARLIAMENT HAS
passed the controversial
Legal Profession
Regulations Bill
2018 despite strong
protest from both
the Minority and Majority sides
of the House.
Before the report of the Constitutional,
Legal and Parliamentary
Affairs and Subsidiary
Legislation Committees was put
to a voice vote, the House was
thrown into turmoil as chairmen
of the joint committee were
booed at as they presented their
recommendation for the approval.
Though the recommendation
was yet to be debated, members
of the House physically expressed
their disagreement over
the report which allows the
General Legal Council (GLC) to
continue to conduct entrance
exams at the Ghana School of
Law.
The committees, led by
Bawku Central Member of Parliament,
Mr Mahama Ayariga
and Ben Abdallah last week
agreed to the contentious request
by the GLC to conduct
entrance exams for law students.
It, however, rejected the conduct
of interviews as part of the admission
process.
Circumstances surrounding
legal education and admission
into the Ghana School of Law
have become topical after only
91 students out of the 474 who
sat for the bar examination
passed to be called to the bar. A
total of 206 law students are to
repeat the entire course whilst
another 177 students have been
referred in one or two papers.
The Speaker of Parliament,
Prof. Mike Oquaye was to blame
for the passage of the bill, according
to Minority Chief Whip,
Muntaka Mubarak.
“Everybody sees how terrible
the Speaker is taking decisions in
the House,” he stated.
He added: “And I keep repeating
that Civil Society should
be interested in how the Speaker
is conducting himself. It is so
terrible. He is the biggest threat
to our democracy.”
He continued: “Look at our
standing orders, you vote—a
member has the right to challenge
the vote and ask that you
should do either a headcount or
to go for a division…the way he
is behaving I think that all of us
need to be very concerned and
very worried about the way the
Speaker is conducting himself.
“It is too much unbecoming
of somebody who has written so
many books on theory and now
he has the opportunity to turn
his theories into practicals, he is
completely messing up.”