GNAT deducts 2% from basic salary of non-contributors into GNAT Provident Fund Scheme

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Rev. Isaac Owusu (GNAT National President Elect)

Rev. Isaac Owusu (GNAT National President Elect)

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The Ghana National Association of Teachers (GNAT) has deducted 2% from the Basic salary of all non-contributors GNAT members.

The served informed notice dated 14th November 2023 was signed by Isaac Baah (Head: Compensation and Benefits) for General Secretary and copied to National Officers (GNAT), National Executives (GNAT), National Council (GNAT), Head of Payroll (GES Headquarters, Accra), and Controller & Accountant-General, Controller & Accountant-General’s Department, Accra.

The notice reads

TWO PERCENT (2%) ON BASIC SALARY DEDUCTION FOR GNAT PROVIDENT FUND SCHEME (TIER-3) FOR ALL NON-CONTRIBUTORS GNAT MEMBERS

Following a decision by the National Council of Ghana National Association of Teachers (GNAT) at its National Council Meeting held at the GNAT Village, Abankro from 25th-30th September. 2023, the Council among other things, tasked the leadership of GNAT to take all necessary steps to register all members onto the GNAT Provident Fund Scheme.

The decision arrived as a result of plead and popular requests from members of GNAT across the country through our membership engagement programmes.

In view of the above and for convenience purposes, the GNAT would request the Controller and Accountant-General’s Department to effect a deduction of Two Percent (2%) Basic Salary on each Non-Contributor GNAT member into the GNAT Provident Fund Scheme effective November. 2023.

This will attract the existing tax exemption as applied to members already contributing to the Scheme.

Subsequently, those who may want to increase their contribution from 2% to the 16.5% threshold as permitted by Law may do so by using the shortcodes *789*33#

SOURCE: Coverghana.com.gh

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