Collins Dauda to Head Committee Exploring Pension Schemes for Former MPs

Accra, Ghana - 30 Jan, 2025 - In a bid to provide financial support to former legislators, Ghana's Parliament has set up a nine-member committee, chaired by Collis Dauda, Member of Parliament for Asutifi South, to explore pension scheme models suitable for them.

The committee is expected to provide its report within 45 days.

The move follows a proposal by Majority Leader Mahama Ayariga to create a pension scheme fund using proceeds from carbon credits to support former lawmakers.

According to him,this proposal aims to address the financial challenges faced by former MPs, with reports suggesting that at least 25% of Ghana's former MPs have died, highlighting the need for a sustainable pension scheme.

The committee's terms of reference include exploring pension scheme models and providing recommendations for a sustainable and equitable pension system for former legislators.

Speaking on the floor of Parliament on Thursday, January 29, the Majority Chief Whip, Rockson-Nelson Dafeamekpor told the committee that they are expected to provide its report within 45 days.

“Collins Dauda of course will be a member. Samson Ahi will also be a member. Then we are including two first timers from our side and gender balance so Atta Issah, the MP for Sagnarigu, will also be a member. Then our sister Millicent Yeboah Amankwah will also be a member. Then Alhassan Suhuyini will also be a member.

“Then the Minority side will be constituted by Stephen Amoah, as well as Dr. Mahama Tia Kabiru. We advise them with our terms of reference and they will be given six weeks to do their work and we propose that Collins Dauda be the chairperson of the committee,'' he added.

Source: Lead News Online