Business
#2024SONA: GH¢5.8bn paid to bondholders – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has revealed that the government has fulfilled its financial obligations by settling the last coupons owed to bondholders. The government announced a domestic debt exchange programme in 2023 targeted at individual and pension bondholders as part of its revenue target to reach an agreement with the International Monetary Fund (IMF). […]
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Columnist
Navigating the pension landscape: A call for reflection
By Isaac K. FRIMPONG Retirement age, a pivotal stage marking the withdrawal of statutory workers from active work, holds a unique significance in Ghana, much like in many countries globally. This is where retirees are expected to start enjoying pensions and other retirement benefits. In Ghana, the retirement age is 60 years (both male and […]
The post Navigating
Business
SSNIT donates GHS1m for pensioners’ healthcare
The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by presenting a cheque of GHS1 million. This donation is specifically aimed at supporting the healthcare of pensioners enrolled on the NPA’s Pensioners Medical Scheme (PMS). This contribution is in fulfilment of a commitment by SSNIT’s Management […]
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Featured
Health workers demand 8-month pension arrears
The Ghana Registered Nurses and Midwives Association (GRNMA) and the Health Services Workers Union have petitioned the National Pension Regulatory Authority to release their 8-month pension arrears. The two unions bemoaned the deductions of their two-tier pensions from their salaries, which had not been paid into the necessary accounts. President of the Ghana Registered Nurses […]
The post Health
Business
Kwaning Mbroh to take over as new CEO of NPRA
President Nana Addo Dankwa Akufo-Addo has appointed John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA). Kwaning Mbroh’s appointment takes effect from 1st February 2024. The current CEO, Hayford Atta Krufi, is proceeding with his retirement after holding the position since 2017. Kwaning Mbroh has expertise in pension […]
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General News
Pension Benefits Up 15%
Dr. John Ofori-Tenkorang The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) has increased monthly pension benefits by 15% for the
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Business
SSNIT announces 15% increment in monthly pensions payment
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 15% in line with its 2024 indexation rate. Following the review which is by Section 80 of the National Pensions Act, 2008, (Act 766) all valid pensioners on the SSNIT pension payroll as of the end of December 2023 will have […]
The post SSNIT announces 15% increment in
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