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SSNIT Organizes Seminar on Accounts Reconciliation

2008-07-16 22:52:50
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The management of Social Security and National Insurance Trust (SSNIT) has held a day’s seminar at Gambaga in East Mamprusi District to educate its schedule officers and stakeholders on the Employer Member Accounts Reconciliation (EMAR), a new billing system it had introduced.

The EMAR is to assist the management to promptly determine and inform employers about their payment status, promote excellent relations between SSNIT and clients and delivery of bills through a courier system to clients.

The East Mamprusi District Branch Manager of SSINT, Mr Henry Hagan-Brown, addressing the participants said EMAR was a computerized operational system that involved monthly reconciliation of employers’ accounts with SSNIT based on the last known payment records.

He said under the EMAR system, reports on contributions by employers were made and processed to declare the employers’ credit and indebtedness at any time.

Mr Hagan-Brown said monthly statements would be distributed to employers to indicate their financial status with SSNIT.

He explained that under EMAR, accumulated indebtedness which employers tended to dispute would be avoided since inspectors from SSNIT would continue to visit establishments for proper scrutiny to ensure immediate feedback to employers for the necessary and timely response.

Mr Hagan-Brown urged employers not to hesitate to furnish SSNIT with their correct location and addresses to ensure that their bills reached them promptly.

He noted that the EMAR system would improve the data base of SSNIT, provide an up-to-date information of employers’ financial status and called for the support and cooperation of employers.

Mr Felix Adams, Area Manager of SSNIT responsible for the three Northern Regions said SSNIT had cancelled granting of loans to students that had been taken over by the Students Loans Trust about two years ago.

He advised contributors to constantly visit SSNIT offices for their up-to-date information to make it easier for the processing of their claims during retirement.


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