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Tag Archives: SSNIT

Pensioners call for National Health Endowment Fund

The National Pensioners Association of Ghana is advocating the establishment of a National Health Endowment Fund to cater for the health needs of its members. The Association’s General Secretary, Edward Ameyibor, made the proposal at its Annual National Conference held in Tamale. The conference was in commemoration of the Association’s Silver Jubilee. Edward Ameyibor maintained that the National Health Endowment ...

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EOCO ends probe into $72m SSNIT software scandal, heads to roll

SSNIT office

The Economic and Organized Crimes Office [EOCO], has completed its investigations into the controversial $72 million digitization project executed by the Social Security and National Insurance Trust (SSNIT). According to the Acting Chief Executive Officer of EOCO, ACP K. K. Amoah, the docket has been forwarded to the Attorney-General for scrutiny and advice. EOCO started investigating SSNIT in August 2017 ...

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SSNIT moves to clear ‘ghost’ pensioners from payroll

The Social Security and National Insurance Trust (SSNIT), has disclosed to Citi Business News that it will from next month stop paying claims to pensioners who have failed to undertake their biometric registration with the Trust. Per the move, pensioners 72 years and above will be considered as ‘ghosts’ hence will not be able to access their claims. All pensioners are expected ...

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SSNIT increases minimum pension benefit to GH¢303

Existing pensioners with the Social Security and National Insurance Trust (SSNIT) will from January 2018 enjoy ten percent increase in the benefits paid by the Trust. It follows the upward review of the minimum pension paid to contributors which takes effect this year. Per the move, pensioners on the payroll of SSNIT will now get a minimum benefit of GH¢303.60. ...

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We’ll invest SSNIT funds in affordable mortgage – Atta-Akyea

In the not-too-distant future, low and middle-income earners who are lamenting over their inability to access mortgage facilities or build houses, will heave a sigh of relief, as the Ministry of Works and Housing is working towards a credible national mortgage facility to provide opportunities for workers to acquire houses. The Minister of Works and Housing, Samuel Atta-Akyea, said the ministry ...

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We’re not cheating pensioners – SSNIT

The Social Security and National Insurance Trust (SSNIT), has refuted claims it is perpetuating illegalities in its handling of pensions, as alleged by the Health Services Workers’ Union. These allegations had to do with annuities imposed on the payment of lump sums and the computation of average annual salaries for pensions. In a Finder Newspaper report, the Union said SSNIT has ...

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Empower NPRA to do more – Former SIC boss

A former Managing Director of SIC Insurance, Peter Osei Duah, has called for more investigative powers for the National Pensions Regulatory Authority (NPRA) to enable it adequately regulate the industry. He said the Authority is constrained in its oversight role over the Social Security and National Insurance Trust (SSNIT), due to the lack of express powers assigned the Authority. SSNIT ...

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SSNIT scandal: Labor Federation urges unions to mount pressure on gov’t

The leadership of the Ghana Federation of Labour is calling for an Organised labour emergency meeting to deliberate on the scandal that has hit the Social Security and National Security Trust (SSNIT). The federation has written to Trade Union Congress and all other members of organised labour, in this regard. SSNIT is being investigated by the Economic and Organized Crime ...

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Labour Federation angry over purchase of ‘luxury diaries’ by SSNIT

The Ghana Federation of Labour (GFL) is raising concerns over some diaries being procured by the Social Security and National Insurance Trust (SSNIT). According to the Federation, such expenses can only be described as “profligate expenditure” and far from SSNIT’s mandate. “Even though the new management has instituted a forensic audit into SSNIT operations, we observe with disquiet, evidence of ...

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Scandal proves SSNIT is unsustainable – Labor Federation

The leadership of the Ghana Federation of Labor has ostensibly passed a vote of no confidence in the running of the Social Security and National Insurance Trust (SSNIT), following the scandal concerning the bloated $72 million spent on Operational Business Suite (OBS). The Federation in a statement said this scandal was only “one of the symptoms of the malaise plaguing SSNIT and rendering ...

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