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GH¢15m invested in Farmers’ Pension Scheme

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The government has invested GH¢15 million as seed money for the Farm­ers’ Pension Scheme intended to improve the welfare of farmers in their old age.

The Deputy Ashanti Regional Minister, Ms Anima Wilson, who announced this, stated that cocoa farmers, who would be the initial beneficiaries of the fund, would be required to make a minimal contribution to the fund any­time they sold their cocoa.

She said farmers who would contribute to the fund would begin to draw the pension when they attained 60 years.

Ms Wilson made this known when she pre­sented 1,000 pieces of school uniforms to pupils at Kayera in the Offinso South Munici­pality in the Ashanti Region.

She said pupils in basic schools at nearby Anyinasuso would also benefit from the free uniforms.

Ms Wilson, who is also the acting Offinso South Municipal Chief Executive, stated that the government was committed to making agriculture attractive to the youth, hence the frantic preparations being made for the Farm­ers’ Pension Scheme to take off smoothly.

She advised residents of Kayera and Anyi­nasuso, who are predominantly farmers, to invest more in their children’s education to enable them to nurture their potential and build their capacity more effectively.

Source: Daily Graphic

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One comment

  1. Excellent idea and this should spread to other Agriculture sectors such as Fishery.