Pension Superannuation Allowance Indexation in Ghana: Reality or Myth?

This study sought to examine the pension indexation in Ghana in the light of the prevailing macroeconomic indicators couple with the overall performance of the Social Security and National Investment Trust (SSNIT). The bases of pension superannuation allowance indexation remained questionable and a subject of dissatisfaction among retirees. The study purposively gathered time series data from 1991 to 2013 in relation to annual augmentation of pension superannuation allowance, Treasury bill rates, inflation rates, minimum wage and the performance of SSNIT pension scheme. The data were analyzed using paired wise observation test to ascertain whether beneficiaries of the scheme get real positive return on their investment and the sustainability level of the scheme. The findings of study revealed that the pension indexation is not significantly different from the macroeconomic indicators except Treasury-bills (T-bills)  rate but significantly different from the performance of the scheme. Furthermore, retirees do not get real positive returns on their investments and the sustainability rate of the scheme is on the decline. The study concludes that the SSNIT pension allowance indexation is unrealistic and the scheme is not sustainable at the current operational level. The Trustee should engage in more profitable investment portfolios, minimizes its administrative expenditure and review the pension indexation upwards to ensure retirees get real positive returns for their investment. The article 80 of the pension act 766 which provides legal backing to pension indexation in Ghana should specify the relationship between pension indexation, inflation and minimum wage rates. Keywords: Pension Indexation, Reality and Myt

GIS-Based Analysis of the Locations of Filling Stations in La-Nkwantanang Madina Municipal Assembly Against Ghana’s Planning Standards

The degree of noncompliance of filling stations locations with regards to the planning standards is worrying. This paper uses Geographic Information System (GIS) to analyse the locations of filling stations in La-Nkwantanang Madina Municipal Assembly(LANMMA) against the planning standards set by Ghana Town and Country Planning Department. Primary and secondary data sources were used including Global Positioning System (GPS) to capture co-ordinates of some key features. All the analyses were performed in ArcMap environment of ArcGIS10.4 using spatial statistic (Nearest Neighbour Statistic), spatial analyst and proximity (Buffering) tools. The finding of the study revealed that 37 filling stations are located along major roads in the study area with a cluster pattern of distribution. About 92% of the filling stations complied to the 15m standard distance from buildings while all the filling stations are in compliance to the 10m standard distance between neighbour filling stations. The study recommends that the regulatory bodies should be proactive in the discharge of their duties and ensure total compliance to all the regulations. Keywords: GIS, Filling Stations, Location, Planning Standards and LANMMA. DOI: 10.7176/DCS/10-1-06 Publication date: January 31st 202

Organizational Citizenship Behaviour and Employees’ Commitment: Evidence from Staff Clock in System at Islamic University College of Ghana

The study examined organizational citizenship behaviour (OCB) as an outcome of organizational commitment in higher institutions of learning in Ghana, with focus on Islamic University College, Ghana (IUCG). The population of interest was made up of all employees of IUCG, and the stratified sampling technique was used to select a sample of 50 respondents. The instrument used for data collection was self-developed questionnaire and the data collected was analyzed using SPSS Version 16 to determine the correlation and regression between the dependent and independent variables. The key findings were that, self-motivation yields better OCB than organizational controls; there is a strong positive relationship between commitment and OCB; and finally, continuance commitment dominates in IUCG. The study recommends that, management of IUCG should build stronger affective commitment and promote self-motivation among employees. Keywords: Organization, Citizenship behavior, Clock in System and Employees’ commitment