Pensioners to be paid 13th month bonus - Mahama promises

Pensioners to be paid 13th month bonus - Mahama promises

- The NDC has launched its manifesto for the December 2020 elections

- John Dramani Mahama has promised to pay 13th month bonus to pensioners

- He made this known during the launch of the NDC's 2020 manifesto

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Pensioners who are finally taking their rest after serving the government for years have been assured of the payment of 13th month

According to the flagbearer of the National Democratic Congress, (NDC), John Dramani Mahama pensioners would be paid their 13th month like normal government workers

He made this known while addressing party members at the launch at of the party's 2020 election manifesto.

Pensioners to be paid 13th month bonus - Mahama promises

flagbearer of the National Democratic Congress, (NDC), John Dramani Mahama source: graphic.com.gh
Source: Original

READ ALSO: I run for President again because I want to leave a legacy - Mahama claims

Mahama said he will ensure that the Pensions Act is amended to make that possible.

“...We will amend the National Pensions Act 2008 ACT 766 to improve both service delivery and financial efficiency in the SSNIT pension’s scheme... We will pay pensioners an annual 13th month bonus,” he said.

The 13th month pay is an additional amount of compensation, usually calculated from a single month salary, which is typically paid at the year end to be used for holidays, but may be paid at other times.

READ ALSO: NDC will scrap law on the ban of importation of salvaged vehicles - Mahama

In other news, flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has promised that if the NDC is voted into power, his government will exempt small businesses from tax.

He said the payment of corporate income tax will be scrapped for the small business in order for them to reinject the money into their businesses.

For medium businesses, Mahama says the corporate income tax will be reduced from 25% to 15%.

READ ALSO: NDC Manifesto: Party promises exemption of taxes for small businesses

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Source: Yen.com.gh

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