December 2025
16Dec

Ghana. Rethinking Pensioners’ Advocacy in Ghana: A New Model of SSNIT Pensioners’ Association

Ghana’s pensioner population is steadily growing. With improved life expectancy and decades of formal employment feeding into the Social Security and National Insurance Trust (SSNIT), retirees today number about two hundred and fifty thousand, if not more. Yet paradoxically, this expanding demographic, arguably one of the most vulnerable and policy-affected groups remains one of the least effectively represented in national decision-making. For decades, the National Pensioners Association (NPA) has been the most visible body claiming to speak for pensioners, particularly...

December 16, 2025
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10Dec

Dignity in Retirement: A Call for Pension Justice in Ghana

In Ghana today, pensioners face indignity in retirement: no cost-of-living allowance, no inflation-indexed increases, and shrinking benefits that erode their livelihoods. Meanwhile, executives enjoy perks while elders struggle to survive. This injustice demands urgent reform. To restore dignity and align with international social security standards, Act 766 must be amended without delay. Pension justice is not charity — it is a right, and Ghana must rise to meet it. The Crisis of Pensioner Welfare Retirement should be a season of dignity,...

December 10, 2025
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05Dec

Exploring the awareness, preparedness and the state of pension among informal workers in Ghana

By Moses Segbenya, Jennifer Onomah, Raymond Kangmennaang & Esther Grantson The study explored the awareness, preparedness, and the state of pensions among informal workers in Ghana. The interpretive approach and the exploratory research design were used for this study. The snowball and purposive sampling techniques were adopted to select 45 informal workers in Ghana and two management members of a pension scheme in Ghana. Data gathered was transcribed, coded and analysed with the qualitative interpretative analytical framework. The study found that the majority of...

December 5, 2025
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November 2025
04Nov

Unlocking pension funds for critical infrastructure development in Ghana

Ghana's Infrastructure Crisis and Economic Imperative Ghana's economic trajectory is promising, with steady growth averaging over 5% annually in recent years, driven by sectors like agriculture, services, and mining. Yet, this progress is hampered by a chronic infrastructure deficit that undermines productivity, stifles job creation, and perpetuates inequality. Pothole-filled roads delay goods transport, erratic power supplies disrupt manufacturing, and inadequate water systems expose millions to health risks. According to estimates by the Africa Development Bank, Ghana requires at least $37...

November 4, 2025
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October 2025
31Oct

Ghana. SSNIT is financially viable despite past challenges – Director

Director-General of the Social Security and National Insurance Trust (SSNIT), Kwesi Afreh Biney, says his outfit is financially viable despite past challenges. According to him, the entity managing contributors’ funds pays over 257,000 pensioners each month. Mr. Biney explained that while SSNIT, as an institution, had faced hurdles in the past, it has also seized opportunities to strengthen its operations, thus making the Trust financially viable and sustainable. Speaking in an interview on Accra-based Citi FM on Thursday, October 30, ahead of...

October 31, 2025
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29Oct

Ghana. Gov’t urged to raise salaries and extend retirement age to 65

“Someone is receiving as high as GH₵140,000 monthly pension, while others get as little as GH₵400. For such people, nothing will change even in 200 years if they were to live that long, because their salaries were too low and they didn’t adequately plan for retirement,” he lamented. He explained that improving public sector salaries would not only ensure a decent standard of living for workers but also guarantee better pension benefits after retirement. Dr. Sefa Twum also proposed that Ghana’s...

October 29, 2025
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20Oct

Ghana. Gov’t intensifying pension reforms to cover informal sector workers – Minister

Government is intensifying efforts to integrate informal sector workers into voluntary pension schemes as part of broader reforms to secure dignified retirement for all Ghanaians. Dr Abdul-Rashid Hassan Pelpuo, Minister of Labour, Jobs and Employment, said this at the Third Health Sector Occupational Pension Scheme Annual General Meeting in Accra. The meeting was held on the theme: “Strengthening Ghana’s Pension Ecosystem for Development and Retirement Security.” While there are more than 200,000 potential beneficiaries, only about 8,000 have been integrated into the...

October 20, 2025
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16Oct

Tier 2 pension crisis threatens retirement security for millions of Ghanaian workers

When Ghana’s stakeholders describe their Tier 2 pension situation as a “ticking time bomb,” they’re identifying something far more serious than routine performance disappointment. Over 70 percent of pension contributions sitting idle in low-yielding government instruments signals a systemic failure in the institutional architecture designed specifically to prevent this outcome. Workers across Ghana are losing millions in potential retirement savings not because markets performed poorly, but because fund managers are refusing to invest contributions where returns could actually accumulate. The...

October 16, 2025
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03Oct

How ChatGPT Could Transform Your Retirement Planning for the Better

ChatGPT is ready for your retirement planning questions. It can provide answers on subjects such as deciding when to collect Social Security, estimating medical costs, and choosing which retirement accounts to tap first to minimize taxes. But should you trust artificial intelligence (AI) with your retirement planning? Here's what financial experts say. ChatGPT Can Lack Critical Thinking First off, ChatGPT doesn’t use critical thinking.1 For that, you’ll need a human financial advisor. “Remember that AI doesn’t currently think critically or form new ideas. It finds existing ideas...

October 3, 2025
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02Oct

Ghana ban on foreign investments for pension funds is counterproductive, funds say

Ghana's ban on its pension funds from offshore investments is curtailing their ability to hedge risks, executives said, as authorities seek to jumpstart the domestic bond market in the wake of its sovereign debt restructuring. The government in Accra blocked funds from putting workers' cash into offshore investments last year after concluding a restructuring of its local and foreign debts which decimated its local debt market - once a destination for major international asset managers like Franklin Templeton. The ban was designed to reduce pressure on...

October 2, 2025
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