Employee Benefits in Ghana 2018

Market: Financial Services

Ghana, 40 pages report, published by GlobalData

Report ThumbnailJuly-2018
Employee Benefits in Ghana 2018

Summary

Ghana’s social security system covers the entire population, including employees and self-employed individuals. The provision of benefits depends on the contributions made by employers, insured employees and self-employed persons. The Ghanaian social security system has a three-tier pension scheme which was introduced in 2009. The first tier is a mandatory social insurance scheme administered by the Social Security and National Insurance Trusts (SSNIT).

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  • List of Figures
  • Figure 1: Ghana - Main Institutions of Social Security System
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  • List of Tables
  • Table 1: Insurance Industry Definitions
  • Table 2: Ghana - Country Statistics
  • Table 3: Ghana - Overall Contribution Rate
  • Table 4: Ghana - Early Retirement Pension Rate
  • Table 5: Ghana - Public Holidays (2018)
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  • Table of Contents
  • 1 EXECUTIVE SUMMARY
  • 2 INTRODUCTION
  • 2.1 What is this Report About?
  • 2.2 Definitions
  • 3 COUNTRY STATISTICS
  • 4 OVERVIEW OF EMPLOYEE BENEFITS IN GHANA
  • 5 REGULATIONS
  • 6 STATE AND COMPULSORY BENEFITS
  • 6.1 Retirement Benefits
  • 6.1.1 Introduction
  • 6.1.2 Types of Retirement Plan
  • 6.1.3 Eligibility
  • 6.1.4 Age
  • 6.1.5 Pensionable Salary
  • 6.1.6 Benefits
  • 6.1.7 Payment Options
  • 6.1.8 Typical Employer Practice
  • 6.1.9 Employee and employer contributions
  • 6.1.10 Taxation
  • 6.2 Death in Service
  • 6.2.1 Introductio
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