Tag: Dr. John Ofori Tenkorang
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Ghana Card to improve pensions penetration – SSNIT
The Social Security and National Insurance Trust (SSNIT) says the introduction of the Ghana Card will revolutionize the pensions sector and increase pension penetration in the country. Director-General of SSNIT, Dr John Ofori-Tenkorang stated that the introduction of the Ghana cards will make it easier to enroll people into the pension scheme as data on…
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SSNIT to cease lump sum pension payments from 2020 – Employment Minister
From next year (2020), all pensioners on the new pension scheme, will access their lump sum payments from the managers of pension schemes other than the Social Security and National Insurance Trust (SSNIT). By this, the state pension’s manager, SSNIT will only be mandated to pay monthly benefits to pensioners. Employment and Labour Relations Minister,…
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SSNIT engages government on GH¢1bn arrears
The Social Security and National Insurance Trust (SSNIT) says it is confident of accessing claims due it from the government to aid its operations. As at last year (2018), the outstanding claims that the government was expected to give to the pension management firm, was estimated at one billion cedis. Some industry watchers have attributed…