HSWU Fund

HSWU Fund

The Health Services Workers’ Union (HSWU) Fund Scheme was established to provide financial support and resources to our dedicated healthcare members. As a vital component of our organization's commitment to employee's well-being, the Fund is critical in promoting our healthcare workforce's health, safety, and resilience.

Mission: 

Improve the welfare of members of HSWU through a well-designed scheme of collecting monthly financial commitments from members into a common Fund for subsequent investment in ventures with high-yielding returns

Vision: 

Mobilize sufficient financial resources to provide supplementary income for members on retirement from active service or when they are incapacitated and can no longer work. 

Trust Board:

The Board is made up of representatives from the Union, and licensed service providers as follows: 

- Petra Trust Company Ltd - Fund Administrators

- Fidelity Bank Ghana    - Fund Custodians 

- Bora Capital Advisors Ltd - Fund Managers 

- Private Independent Trustee

Benefits: 

- Pension Benefit

- Tax exemption 

- Wealth Accumulation

- Strict regulation of funds

- High-yielding funds

- Partial withdrawal after 10 years from the first date of contribution

- Access to short-term loans at a competitive interest rate

- Critical Illness Support 

- 24-hour access to member online portal

- Quarterly newsletter to provide members with relevant pension news and help them better prepare for retirement.

 

Account Checking Information

The Fund Administrator has created a short code,*447*70# to help members access their Account. 

The Processes Include: 

1. Dial *447*70# to access the USSD menu 

2. Enter 1 to register and tap on send to proceed. 

3.  Enter HSWU ID (H1 012345678) and send.

4. Enter a new 4-digit and send

5. Re-enter PIN to confirm and send.

 

NB: You will need your HSWU ID to register using a phone number that's associated with the Fund Administrator's Account in the CRM.

 

What You Can Do on the USSD Service

1.   Check your scheme balance

2.  Request for a mini statement

3.   Update Personal Information

4.  Make general enquiries