Ghana Sports Fund plans pension scheme for retired athletes
The Administrator of the newly established Ghana Sports Fund (GSF), Dr David Kofi Wuaku, has disclosed plans to introduce a pension contribution scheme for Ghanaian sportsmen and women. The proposed scheme is intended to provide financial security for athletes after they retire from active sporting careers. Speaking at a media engagement in Accra on Wednesday, […] The post Ghana Sports Fund plans…
Dr. David Kofi Wuaku, the newly appointed Administrator of the Ghana Sports Fund (GSF), revealed plans to establish a pension contribution scheme for Ghanaian athletes. The scheme aims to secure financial stability for former sports personalities after their active careers. Speaking at a media event in Accra on September 9, Dr. Wuaku explained that many athletes struggle financially post-retirement, as they often lack adequate support.
The GSF intends to identify these individuals and offer necessary assistance to enhance their welfare. He emphasized the Fund's goal of creating a formal welfare system for all athletes, as most are not covered by SNNIT. Dr. Wuaku stated that athletes should be encouraged to contribute during their active years to save for their future.
The Board Chair of the Ghana Sports Fund, Prof. Koryoe Anim-Wright, assured the transparency and accountability of the process for identifying and supporting beneficiaries. She assured that measures would be put in place to guarantee the right people receive the assistance. The Ghana Sports Fund was formed to boost sports development and improve athlete welfare across the country.
Written by urgent.news from The Chronicle Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.