The Headmaster of Accra Academy, Mr Samuel Ofori-Adjei, has urged teachers to be diligent in the discharge of their duties.
He said although salaries could not satisfy all their basic needs, they should come out with the best and serve as role models for the students.
Addressing the Fourth General Meeting of the Associated Teachers Co-operative Credit Union ( ATCCU) Limited in Accra yesterday, Mr Ofori-Adjei advised teachers not to demean their profession but use their salaries profitably.
In that connection, he encouraged the teachers to invest the little they earned by joining the credit union in order to contribute towards their retirement.
He cited his monthly allowance of GH¢ 3.00 as a headmaster and advised teachers that in spite of their meagre earnings they could save to make their retirement better.
For his part, the chairman for the occasion, Nii Nikoi Ashalley, who is also the Kaneshie Mantse, said it was a laudable idea for teachers to bring their resources together for their own benefit.
The Group Editorial Manager of the New Times Corporation, Mr Harry Reynolds, advised the management of the credit union to be transparent and commended teachers for their efforts in training professionals for the development of the country.
The Field Service Manager of Credit Union Association (CUA), Mr F.A. Ayisi, said development was a gradual process which involved growing from a humble beginning.
He said some of the factors which explained why some individuals did not develop included poor mindset from childhood, mismanagement during early stages of economic life and no savings culture.
Mr Ayisi said the only reliable and sustainable way one could obtain substantial resources was through savings.
The Board Chairman of the Union, Mr Frank Appeakorang Biredu, said the union had grown from strength to strength, increasing its savings portfolio and posting a net surplus of GH¢304,172 this year as against GH¢ 218.69 last year.
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