The National Pensions Regulatory Authority (NPRA) has issued a strong warning to employers across Ghana to immediately register and remit Tier 2 pension contributions for their employees or face prosecution.
At a media engagement in Accra on April 9, 2026, the Authority stressed that failure to comply with obligations under the National Pensions Act 2008 (Act 766) is a punishable offence that threatens the retirement security of workers.
The Chief Executive Officer of NPRA, whose speech was delivered by Deputy CEO Victor Azuma Mejida, revealed that some employers have failed to register Tier 2 occupational pension schemes, while others deduct contributions from workers’ salaries but fail to remit them to trustees.
“These violations of workers’ rights must not be condoned. Employers must desist from such acts or face prosecution,” the Authority cautioned.
Non-Compliance Threatens Workers’ Future
The regulator underscored the seriousness of the situation, warning that defaulting on pension payments could have dire consequences for employees’ long-term financial security.
“Failure or refusal to pay these contributions means doom for the worker,” the statement emphasised.
Enforcement Actions Intensified
As part of efforts to clamp down on non-compliance, the National Pensions Regulatory Authority disclosed that it prosecuted 11 non-compliant employers in 2025, recovering more than GH¢27 million—about 30 percent of an estimated GH¢91 million in outstanding contributions.
The Authority has since deployed compliance officers nationwide to inspect company records, issue demand notices, and pursue legal action where necessary.
Employers who default are also subject to a 3 percent monthly compounding penalty on unpaid contributions.
Strengthening Legal Capacity
To bolster its enforcement regime, the NPRA has trained 44 prosecutors across the country and is intensifying inspections in line with its statutory mandate.
“It is an offence… to default in payment of pension contributions of your staff,” the Authority reiterated, warning that sanctions will be strictly applied.
Legal Obligations Under Act 766
Under Section 3 of the National Pensions Act 2008 (Act 766), all employers—regardless of size—are required to enrol their workers in a Tier 2 occupational pension scheme and ensure timely payment of contributions.
The Authority emphasised that failure to even register a pension scheme constitutes a breach of the law.
Call for Public Support
The NPRA is also calling on the media and the general public to support its compliance drive by exposing defaulting employers.
The Authority stressed that pensions remain a critical pillar of financial security and dignity for workers and reaffirmed its commitment to enforcing compliance and safeguarding retirement income across the country
Source: Wesleyannews.com
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