President Akufo-Addo has appointed Kofi Bosompem Osafo-Maafo as the new Director General of the Social Security and National Insurance Trust (SSNIT). The new SSNIT boss is the son of the President’s former Minister and now Senior Advisor, Yaw Osafo-Maafo. Mr Osafo-Maafo takes over from Dr. John Ofori-Tenkorang who has been instructed to hand over his […]
The Social Security and National Insurance Trust (SSNIT) says it has retrieved 132 million Ghana Cedis from 2,272 cases filed at the law court within the first half of 2023. The cases were related to employers who failed to honour statutory social security obligations on behalf of their employees. The Director-General of SSNIT, Dr. John […]
The Social Security and National Insurance Trust (SSNIT) is pushing for an amendment of the National Pensions Act, 2008 (Act 766) to compel employers to include the allowances of employees in the computation of their pensions. The move is to enable workers to earn bigger pensions when they retire. The Director-General of SSNIT, Dr John […]
Only 14,314 self-employed workers contribute to the Social Security and National Insurance Trust (SSNIT), representing some 0.8 per cent of the 1.7 million contributors on the scheme. In all, there are about 11.5 million people in the informal sector in the country. And as part of measures to reverse this trend, the national pension fund […]
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by an average of 10 per cent. The review will see all 225,000 pensioners on the SSNIT pension payroll as of the end of last month have their monthly pensions increased by a fixed rate of 9.68 per cent, plus a redistributed […]
Journalist, politician and former Minister of State in the John Kufuor administration Elizabeth Akua Ohene has been appointed the chairperson of the board of directors of the Social Security and National Insurance Trust (SSNIT). Ms Ohene, during the first term administration of President Akufo-Addo, served as a speechwriter, contributing a great deal to most of the major speeches […]
The Social Security and National Insurance Trust (SSNIT) has deployed systems that allow members of the scheme to merge their SSNIT and NIA numbers (Personal ID Numbers on their Ghana Cards). The merger will provide convenience and comfort for members as they will only use one card, the Ghana Card, for all transactions with the Trust. […]
From Monday, June 28, this year, all Social Security and National Insurance Trust (SSNIT) contributors will replace their unique scheme identification numbers with the Ghana Card identification numbers. The process of merging the two identification numbers will continue until December 31, this year. This means that from January 1, next year, SSNIT contributors will no […]
The state has dragged former Director-General of the Social Security and National Insurance Trust (SSNIT), Mr Ernest Thompson, and four others back to the Accra High Court concerning the charges of causing financial loss of $14.8 million to the state. The state has improved on the charges levelled against the accused persons and filed it at […]
The National Pensions Regulatory Authority (NPRA) has retrieved GH¢3.1 million from companies that defaulted in the repayment of pension contributions under the tier two scheme. It has also taken 15 employers to court, while others are being processed for prosecution, after they were found to have defaulted in the payment of the mandatory contributions. The amount […]
Two persons who allegedly posed as beneficiaries of a Social Security and National Insurance Trust ( SSNIT) contributor are in the grips of the Tesano Divisional Police Command for forging documents and impersonation. The suspects, Yaw Agyepong Britwum and Afia Asante, were arrested by the Tesano Police after a tip-off from officials of Achimota branch […]
The Trades Union Congress (TUC) and Social Security and National Insurance Trust (SSNIT) are in a brawl over the computation of the benefits of pensioners. According to TUC, the computation is inaccurate because it misinterprets the Pensions Law, resulting in low pensions, a situation that has rendered pensioners worse off and in unstable financial condition. […]
