May 2026
14May

NPRA deploys risk-based supervision to fortify Ghana’s pension industry

The National Pensions Regulatory Authority (NPRA) has taken a major step toward strengthening oversight and protecting contributors’ retirement funds with the full deployment of its Risk-Based Supervisory System (RBSS). According to the Chief Executive Officer of the Authority, Christopher Boadi Mensah, the reform marks a major institutional shift from traditional compliance-based supervision to a more targeted, intelligence-driven regulatory framework. Under the new system, NPRA can better monitor compliance and profile risks among industry players, identify early warning signs, and take preventive...

May 14, 2026
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April 2026
14Apr

Ghana: NPRA to Launch Digital Platform to Boost Informal Sector Pension Enrolment

THE National Pensions Regulatory Authority (NPRA) has announced plans to roll out a comprehensive pension digital platform aimed at significantly increasing pension coverage among informal sector workers across the country. The initiative forms part of a broader policy direction by the Authority to introduce targeted incentives that will encourage workers in the informal economy to enrol onto personal pension schemes and secure their retirement income. Speaking at a media engagement in Accra, the Deputy Chief Executive Officer of the NPRA, Mr...

April 14, 2026
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10Apr

Ghana. NPRA moves to prosecute over 11 employers for non-compliance

The National Pensions Regulatory Authority (NPRA) is tightening its grip on employers who fail to pay workers’ pension contributions, revealing that some 11 companies have already been taken to court over such violations. According to the Authority, these enforcement have led to the recovery of over GH¢27 million from defaulting employers' money that rightfully belongs to workers planning for life after retirement. But officials say this is only the beginning, warning that even stricter sanctions are on the way for those...

April 10, 2026
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March 2026
31Mar

Ghana. Unpaid Tier-2 Pensions: A Silent Crisis Demanding Urgent National Attention

In recent months, a troubling pattern has emerged across Ghana’s pension landscape. One that raises serious questions about accountability, transparency, and the welfare of retirees. Numerous complaints from pensioners, particularly those who retired in 2025, point to persistent non-payment of Tier-2 pension benefits. These are not isolated grievances; they reflect a systemic issue that demands urgent national scrutiny. At the center of these concerns are two key institutions: Social Security and National Insurance Trust (SSNIT) and the National Pensions...

March 31, 2026
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17Mar

Ghanaian pension funds to invest $11m in Atlantic Lithium as Ewoyaa Project gains momentum

A consortium of Ghanaian pension funds has committed millions of dollars to Atlantic Lithium, marking a landmark domestic investment in what is expected to become Ghana’s first lithium-producing mine and signalling growing local confidence in the country’s emerging critical minerals sector. The investment, valued at up to US$11 million, forms part of a broader funding package of about US$16.4 million secured by the company to advance its flagship Ewoyaa Lithium Project toward construction and production. The Ghanaian institutional investors, managed by...

March 17, 2026
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13Mar

Ghana. Informal sector employers who fail to pay employees’ pensions will be prosecuted – NPRA

The National Pensions Regulatory Authority (NPRA) in the Bono Region has cautioned employers in the informal sector to ensure the regular payment of their workers’ monthly pension contributions or face prosecution. Mr Enoch Okomfo Okonah, Assistant Manager in charge of Compliance at the Bono Regional Office of the NPRA, said employers who default could be fined up to 2,000 penalty units, pay the defaults, or be sentenced to two years imprisonment—or suffer both penalties. In an interview with the Ghana News...

March 13, 2026
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February 2026
23Feb

Ghana. SSNIT, Sustainability and the Transparency Question: Strengthening Pension Confidence

Ghana’s national pension scheme, established under the National Pensions Act, 2008 (Act 766), operates as a partially funded system. In such a structure, pensions are financed primarily from ongoing contributions by active workers, supplemented by returns on invested funds. Unlike a fully funded scheme, where benefits are paid strictly from accumulated savings for each contributor, a partially funded system relies on a mix of current inflows and accumulated assets. In this context, “reserves” do not function as a simple...

February 23, 2026
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January 2026
12Jan

Ghana. Retirement Research Centre backs 10% pension hike

The African Centre for Retirement Research (ACRR) has welcomed the 10 per cent pension increase for 2026, describing it as a policy decision that aligns with global best practices while safeguarding the long-term sustainability of Ghana’s pension system. Speaking on the adjustment, Executive Director of the Centre, Mashud Abdallah, said the structure of the increase reflects a careful balance between improving benefits for retirees and maintaining the financial health of the scheme. For 2026, pensions have been adjusted using a hybrid...

January 12, 2026
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07Jan

Ghana. President Mahama pledges to review Single Spine Salary Structure and pensions

President John Dramani Mahama has pledged to carry out a review of the Single Spine Salary Structure (SSSS) and pensions, as part of government efforts to address concerns of public sector workers. The President made the promise in his address at the opening of the Ghana National Association of Teachers (GNAT) 54th National Delegates Congress and Seventh Quadrennial Conference in Accra, on the theme, “Education and Development: The Ghana Education Service (GES) at 50: Reflecting, Reviewing, Revising, and Growing the Profession and...

January 7, 2026
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December 2025
19Dec

Aging in Ghana: Challenges, Realities, and Struggles

In Ghana, like many countries across Africa and the world, the population of older adults is steadily increasing due to improvements in healthcare and longer life expectancy. However, growing older in Ghana brings a number of social, economic, health, and emotional challenges especially for those without formal jobs, pensions, or family support systems. Demographic and Social Changes Ghana’s elderly population (aged 60 and above) has grown significantly over past decades. Although they make up a relatively small percentage of the total...

December 19, 2025
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