SSNIT reveals huge disparity among pensioners: Highest pension is GH¢142,000, while lowest is GH¢300 monthly.
The top ten highest paid pensioners in Ghana receive between GH¢142,567.90 to GH¢42,187.83 every month whilst the lowest on the scheme receive between GH$300 and above, the Social Security and National Insurance Trust (SSNIT) has revealed.
The Social Security and National Insurance Trust (SSNIT or the Trust) is a statutory public institution charged under the National Pensions Act, 2008 (Act 766 as amended by Act 883) with the administration of Ghana’s Basic National Social Security Scheme.
Its mandate is to cater to the First-Tier of the Three- Tier Pension Scheme. Currently, the Trust is the largest non-bank financial institution in Ghana.
Addressing a stakeholders engagement organized by SSNIT in collaboration with Trades Union Congress, TUC, in Koforidua, the Chief Actuary of
SSNIT, Mr. Joseph Poku indicated, that there are 1.7 million active contributors on SSNIT out of 11.5 million estimated workforces in the country.
The contributors include 1, 130,0069 private sector workers who represent 63% of the scheme while 649,072 representing 36% are from the public sector. Self-employed contributors are 17,006 representing 1%.
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