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Minister of Education urges GESOPS to review investment policy for teachers’ housing

Mr Haruna Iddrisu, Minister for Education has urged the Ghana Education Service Occupational Pension Scheme (GESOPS) to review its investment policy to include housing support packages for teachers.

He said access to decent accommodation remained a major challenge for many education professionals across the country.

Speaking at the Second Stakeholders’ Meeting 2025, held under the theme: “Our Pension, Our Future,” Mr Iddrisu said it was time for GESOPS to adopt welfare-driven investment approaches that directly enhanced the living and working conditions of teachers.

He said, “I announced on behalf of government that a five-member Committee be put in place to look into housing for teachers. This will facilitate the provision of two-to-three-bedroom units.”

He emphasized that such interventions would boost teacher motivation and ultimately improve teaching and learning outcomes nationwide.

The Minister also urged the GESOPS Board to exercise prudent stewardship over the fund and to demonstrate greater empathy and commitment to the welfare needs of its members.

Professor Ernest Kofi Davis, Director-General, Ghana Education Service (GES), reaffirmed GES’s commitment to the welfare of its staff both in active service and on retirement.

He said, “GES prioritises the welfare of its staff and sees any organisation that works to promote the same as a key ally. It is in this light that GES considers GESOPS, managers of the tier two pension scheme for our staff, as strategic partners.”

He gave assurance that GES would continue to support GESOPS to deliver a pension system that gave staff confidence and hope for their retirement.

Mrs Cynthia Arthur, Chairperson, Public Sector Workers Employees’ Pension Scheme (PSWEPS), congratulated GESOPS on its second stakeholders meeting and lauded its consistent efforts in ensuring transparency, accountability and member-centred pension administration.

She said both GESOPS and PSWEPS shared a common mandate securing the retirement futures of public sector workers and emphasised collaboration in promoting sustainable investment practices and enhanced member education across the industry.

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