This decision was made during the National Council Meeting held at the GNAT Village in September 2023. The Council directed GNAT leadership to register all members onto the Provident Fund Scheme in response to widespread requests from GNAT members across the country.
The deduction, effective from November 2023, is a result of the Council’s decision, and members who wish to increase their contribution can do so up to the 16.5% threshold allowed by law using a designated short code.
The existing tax exemption for scheme contributors will apply to the 2% deduction.
TWO PERCENT (2%) ON BASIC SALARY DEDUCTION FOR GNAT PROVIDENT FUND SCHEME (TIER-3) FOR ALL NON-CONTRIBUTORS GNAT MEMBERS
Following a decision by the National Council of Ghana National Association of Teachers (GNAT)
at its National Council Meeting held at the GNAT Village, Abankro from 25th – 30th September.
2023, the Council among other things, tasked the leadership ofGNAT to take all necessary steps to
register all members onto the GNAT Provident Fund Scheme.
The decision arrived at as a result of pleading and popular request from members of GNAT across
the country through our membership engagement programs.
Given the above and for convenience purposes, the GNAT would request the Controller and
Accountant-General’s Department to effect a deduction of Two Percent (2%) Basic Salary on cach
Non-Contributor GNAT member into the GNAT Provident Fund Scheme effective November,
This will attract the existing tax exemption as applied to members already contributing to the
Subsequently, those who may want to increase their contribution from 2% to the 16.5% threshold as
permitted by Law may do so by using the shortcode *789*33#