Pension » Personal Pensions Scheme

Personal Pensions Scheme


The Enterprise Personal Pension Plan is a tax-privileged individual retirement investment plan that is geared towards enhancing retirement benefit for all Ghanaians both in the formal and informal sector. Workers in the informal sector that is, self-employed individuals who are not covered by the mandatory pension schemes are also catered for under this scheme. 



Formal sector Workers
  • The Plan allows formal sector workers to make additional contributions outside the mandatory schemes and any provident fund scheme.
  • Minimum savings period is 10 years.

Informal Sector Workers
  • Contributions from informal sector workers are apportioned into two different accounts based on the individual’s preference that is a Savings Account and Pension Account.
  • Persons above 60 years can opt to have a pure savings account