Informal Sector Workers (Self-Employed/Small Business Owners)
1. Eligibility & Enrollment
- Open to self-employed individuals or small business owners without existing pension plans.
- Excludes group-enrolled members.
- Age range: 15–60 years.
- Enrollment is voluntary.
2. Contributions
- Minimum Monthly Contribution: GH₵50.
- Tax: After-tax contributions.
- Payment Methods: Mobile money or bank transfers.
- Account Type: Retirement fund and Savings
- Account Allocation: 50% to Savings Fund, 50% to Retirement Fund.
3. Withdrawals (Pre-Retirement)
- First Withdrawal: After 2 years (50% max from Savings Fund).
- Subsequent Withdrawals: Every 2 years (25% max from Savings Fund).
- Tax: Withholding tax applies (5–10 years).
4. Retirement Benefits
- Retirement Age: Normal retirement at age 60 (with 5+ years of contributions).
- Payout Option: Lump sum (full Accrued Benefit of Retirement fund and Savings).
5. Death & Disability Benefits
- Death Before Retirement: Full Accrued Benefit paid to Beneficiary(ies).
- Disability: Full Accrued Benefit paid to Member.
6. Data Protection & Privacy
- Data Collected: ID, contact, employment, and financial details.
- Usage: Pension administration, fraud prevention, and regulatory compliance.
- Member Rights: Access, correct, or delete non-essential data via clientservice@stalliontrust
7. Governance
- Managed by a 7-member NPRA-licensed Board (2/3 Stallion-appointed, 1/3 member-elected).
- Annual independent audits.
8. Amendments & Disputes
- Disputes first resolved by Stallion Trust, then escalated to NPRA.
9. Termination
- Members may not exit pre-retirement.
10. Contact
Email: clientservice@stalliontrust.net
Phone: +233 (0)302 250 7000
Address: 3rd Floor Gulf House, Airport West-Accra
By enrolling, Members agree to these Terms.
Effective: 1 August 2025
For full details, visit https://new.stalliontrust.com.gh/