Pension scheme for Ghanaian players in the offing

Published on: 19 July 2011

By Ameenu Shardow

The Professional Footballers Association is in close consultations with officials of the Ghana Football Association to structure a retirement plan for its members.

The welfare body is proposing the putting away of a percentage of bonuses and other emoluments paid to players at all levels for their future benefit.

“We are in discussion with President Nyantakyi to see whether we can constitute a pension scheme for our players,” General Secretary of the Pfag Tony Baffoe told GHANAsoccernet.com.

“We can for instance put maybe 5% or 10% percentage of their bonuses away into an investment fund for their use when they retire.”

The Pfag has been very active since their inception in 2010 and have recently been in the news for proposing payment of ex-gratia to retired footballers who served the nation with distinction.

Comments

  • Jimmy
    says: 7 years ago
    Tony good one there, but what about those who are not playing for the National Team or may never have the chance to play for the NT?
  • Francis de assisi
    says: 7 years ago
    We are talking of all ghanaians who play football as a career not just players who are in the national team. For your information, u don't have to play for black stars to be a professional footballer. If u play for kotoko or hearts or any other team in Ghana as your main profession, then u are classified as a professional. I hope it's now clear to u Jimmy.
  • Francis de assisi
    says: 7 years ago
    Not only in Ghana, but if u play football in any country that allows professional football to be played there.
  • Tony
    says: 7 years ago
    This is long over due....hope every player plying their trade in football will welcome this fine ideas. They should even prepare to pay tax as well. All clubs should make it a point to pay their players wage through banks and a proper payment structure must bev implemented.
  • Riley
    says: 7 years ago
    Why not teach these young people how to invest their earnings? Make financial planning their responsibility. This may be a good idea but the question is will it be mandatory for all players to participate in this pension scheme?
  • Obi Ba
    says: 7 years ago
    This was my recommendation when the PFAG "asked" for ex-gratia. Good idea. It does not have to be only from bonuses, but from each individual's actual income from football as a player. In this way, all footballers, local or foreign; national team player or not will be catered for.