A struggling Financial House and the plight of retirees

Yesterday, one of my Facebook followers sent me an unexpected message.

Jul 13, 2022 - 16:40
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Yesterday, one of my Facebook followers sent me an unexpected message. "Good morning, [name withheld] pensioner," was her first statement. Could we please talk about a few things? I need to call you on the phone, please...

She still has a bit more than GHS 8,000 locked up and unrecovered. She was forced to seek for a pension loan from a bank using her monthly SSNIT pension as collateral due to the challenges of the locked-up funds.

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