Tag: pensions
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SSNIT cautions workers against misleading pension schemes
Dr. John Ofori-Tenkorang, Director-General, Social Security and National Insurance Trust (SSNIT) on Tuesday called on workers to be wary of misleading pension schemes that will worsen their plight at pension. He said SSNIT had already built a robust scheme that considered the welfare of contributors and urged them to make use of that advantage. Dr.…
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Public sector pensioners decry meager SSNIT benefits
As Ghana joins the rest of the world to mark International Labour Day on May 1, 2019, some pensioners retiring from the public sector want the managers of the Social Security and National Insurance Trust (SSNIT) to modify their operations to improve the living conditions of beneficiaries. The pensioners tell Citi Business News the meager…
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Pensions, wages, top TUC’s expectations in 2019 budget
The Ghana Trades Union Congress (TUC) is asking the government to publish the outcome of investigations into the review of the operations of SSNIT as soon as possible. Organised labour believes that this should inform further deliberations on how to improve the Trust to ensure the welfare of employees. The comments were contained in the…
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SSNIT increases pension benefits by 18%
The Social Security National Insurance Trust (SSNIT) has increased pension benefits of pensioners by 18%. This is however 2 percent lower than that of 2016 which was 20 percent. In 2016, the pension benefits per pensioner was increased from GH¢230.00 to GH¢296.89. The current minimum pension for pensioners on the SSNIT pension scheme is GHc276.00.…