The National Association of Graduate Teachers (NAGRAT) has called for a comprehensive overhaul of the Social Security and National Insurance Trust (SSNIT) management. This appeal comes in the wake of a report by the International Labour Organization (ILO), which forecasts SSNIT’s inability to make full payments to its contributors by 2036. The ILO report indicates […] The post NAGRAT
Joseph Poku The Social Security and National Insurance Trust (SSNIT), says it has enough reserve capable of paying beneficiaries of the scheme as well as fulfilling its financial obligation Read More... The post SSNIT Reacts To ILO’s Report appeared first on DailyGuide
Kofi Bosompem Osafo-Maafo SSNIT Boss The Social Security and National Insurance Trust (SSNIT) has taken action to clarify misinformation regarding its reserves. The Trust indicated that the current funds Read More... The post We Have Enough To Pay Benefits – SSNIT appeared
The Social Security and National Insurance Trust (SSNIT) has dismissed claims suggesting that the Scheme may face challenges in meeting its financial obligations to beneficiaries in the future, as highlighted in the 2020 International Labour Organization Actuary Report. Acknowledging the speculative nature of the report’s findings, the Scheme firmly stated that these projections do not […] The post Don’t
The Social Security and National Insurance Trust (SSNIT) says payment of pensions to members are not funded by its reserves as reported by some media houses. This follows media reports that SSNIT reserves are being depleted. In responding to the publications, SSNIT assured members that the fund can meet its benefits payment obligations beyond 20236. […] The post Pension payments are not funded
The Social Security and National Insurance Trust [SSNIT) has refuted claims suggesting that its reserves are depleting. There have been reports suggesting that SSNIT will be unable to pay benefits by 2036 as a result of depletion in reserves. But in a statement issued on Friday, April 26, SSNIT said it “presently receives contributions and […] The post Our reserves are not depleting
Kofi Bosempem Osafo Marfo In response to recent reports suggesting that the reserves of the Social Security and National Insurance Trust (SSNIT) are depleting, the Trust has issued a Read More... The post SSNIT
The Presidency has explained the reasons behind the dismissal of Dr John Ofori-Tenkorang as the Director-General of the Social Security and National Insurance Trust (SSNIT). In a statement on Saturday, April 13, the Director of Communications at the Presidency, Eugene Arhin, clarified that Dr Ofori-Tenkorang’s dismissal was not due to misconduct or malfeasance. On Monday, […] The post SSNIT
The Presidency has refuted speculations that the outgoing Director-General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang was dismissed for engaging in some wrongdoing. A statement released by the Director of Communications for the Presidency, Eugene Arhin said, such speculations have no basis. “Contrary to some speculations in the media, the […] The post Sacked
The Presidency has touted the great transformation made to the operations of the the Social Security and National Insurance Trust (SSNIT) by its outgoing Director-General, Dr John Ofori-Tenkorang. A statement released by the Director of Communications for the Presidency, Eugene Arhin said President Akufo-Addo values the contribution of Dr Ofori-Tenkorang to the development of SSNIT. […] The post President
President Akufo-Addo has appointed Kofi Bosompem Osafo-Maafo as the Director General of the Social Security and National Insurance Trust (SSNIT). The new Director-General of SSNIT is the son of President Akufo-Addo’s Senior Advisor, Yaw Osafo-Maafo. The younger Osafo-Maafo takes over from Dr. John Ofori Tenkorang who has been instructed to hand over his duties by […] The post Osafo-Maafo’s
President Nana Addo Dankwa Akufo-Addo has terminated the appointment of the Director-General of the Social Security and National Insurance Trust (SSNIT) Dr. John Ofori Tenkorang. Dr. Tenkorang has been instructed to hand over his duties to Kofi Bosompem Osafo-Maafo by Monday, April 15. “Reference is made to your appointment letter dated 1st July 2019, issued […] The post Akufo-Addo sacks SSNIT
The Minister for Works and Housing, Kojo Oppong Nkrumah, has disclosed that there are currently 10,720 housing units in the Greater Accra Region that are at various levels of development to help reduce Ghana’s housing deficit. He made the disclosure when he led the staff of the Ministry to inspect ongoing construction works at the […] The post 10,720
Ghana, with its rich history and potential for growth, stands at a crucial juncture in its development. To unlock the full benefits of urbanization and achieve greater prosperity, inclusiveness, and livability, a paradigm shift is needed. This involves placing heightened attention on urban, rural, and regional planning, shaping policies that govern housing, infrastructure, and the […] The post Enhancing
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […] The post
Dr. John Ofori-Tenkorang (5th right) with other members of NPA The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by Read More... The post SSNIT Donates GH¢1m For Pensioners’
About 60,000 persons in the informal sector, especially the self-employed have joined the Social Security and National Insurance Trust (SSNIT), since the inception of the Self Employed Enrollment Drive (SEED) programme. The SEED programme seeks to ensure that both workers in the formal and informal sector benefit through their monthly contribution on their retirement or […] The post 60,000 self-employed join SSNIT
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 […] The post SSNIT
The latest Ghana Petroleum Holding Fund (PHF) semi-annual report, released by the Bank of Ghana, shows that the country received over $521 million into its Petroleum Holding Fund (PHF) for the second half of 2023. However, this amount represents a decrease compared to the US$696.82 million petroleum receipts recorded during the same period in 2022. […] The post Ghana’s
Parliament has directed Prof. Kenneth Attafuah, the Executive Secretary of the National Identification Authority (NIA), to refund over GHc98,000 deducted from the Authority’s Account as penalty for the delayed transfer of Social Security and National Insurance Trust (SSNIT) contributions. The NIA, having failed to remit SSNIT contributions promptly, covered the penalty using the Authority’s funds. […] The post PAC
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS