The lost retirement saving opportunity

By: Thomas Baah Lartey

My name is Thomas Baah Lartey, and I am a native of Odumase Krobo in the Eastern Region of Ghana. I trained as a Teacher and later as a Human Resource Manager. I received my salary as a trained teacher for the first time somewhere in November 1995. A teacher called Madam Kate Anyamiteye (late), was then working at Agomanya R/C Primary School. I was then her landlord’s son. Madam Kate called me to her living room the same day I told her I had received my first salary as a teacher. She congratulated me and after a few pieces of advice she said to me, and I quote, “my son, try to save an amount of GHC 5.00 cedis [now 50Ghp] each month from your salary.”