Are you a member of the Ghana Education Service Occupational Pension Scheme (GESOPS)? If so, it is important to keep track of your pension contributions and ensure that your retirement plans are on the right track.
The good news is that checking your GESOPS Tier 2 statement has become easier than ever, thanks to a convenient short code system. In this guide, GESHub.org will walk you through the simple steps to access your statement and stay informed about your pension contributions.
The Role of Tier 2 Pension Schemes
Like all Tier 2 Pension Schemes, GESOPS receives a portion of the monthly social security contributions made by employees. In this case, the total contribution amounts to 18.5% of the employee’s income. It is important to note that to access your Tier 2 statement, you must be a registered member of the GESOPS scheme.
Check out the step by step guide on how to register on the GESOPS Platform HERE.
Simple Steps to check GESOPS Tier 2 statement with short code
- Dial *733#
- Select option 1 from the menu.
- Choose option 1 again to proceed.
- Enter your 4-digit GESOPS PIN Code when prompted.
- A pop-up message will display your total contribution amount.
Understanding GESOPS and Its Oversight
GESOPS is regulated and registered by the National Pensions Regulatory Authority in line with the Pensions Act, 2008 (Act 766) and its subsequent amendments. This scheme specifically caters to employees of the Ghana Education Service who are members of educational unions. The scheme is an essential part of securing a stable retirement for these employees, ensuring they can enjoy financial security in their golden years.
The scheme operates under the supervision of a dedicated Board of Trustees, which includes representatives from key organizations such as the Ministries of Education and Finance, the Department of the Attorney General, various unions, and an Independent Trustee. This diverse composition ensures that the scheme is overseen with a balanced and comprehensive approach.
Source: GESHub.org
