{"id":178957,"date":"2016-01-04T15:51:53","date_gmt":"2016-01-04T15:51:53","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=178957"},"modified":"2016-01-04T15:51:53","modified_gmt":"2016-01-04T15:51:53","slug":"snnit-announces-20-monthly-pension-payment-increase","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=178957","title":{"rendered":"SNNIT announces 20% monthly pension payment increase"},"content":{"rendered":"<p>The Social Security and National Insurance Trust (SSNIT) has announced a 20 percent increase in the monthly pension payments for 2016.<\/p>\n<p>According to a statement signed by the Corporate Affairs Manager of SNNIT, Evangeline Amegashie, the increase was made in accordance with Section 80 of the National Pensions Act 2008 (Act 766)<\/p>\n<p>[contextly_sidebar id=&#8221;Us4WVEcAHLXvG0QNex4kbWVPnMYSOTjC&#8221;]The current pensioners on the scheme as at the end of 2015 &#8220;will have their pensions increased by a fixed rate of 12% plus,&#8221; while an &#8220;additional flat amount of GH\u00a2 39.29&#8221; would also be paid per pensioner.<\/p>\n<p>As such, the minimum wage for the current pensioners on the SSNIT programme will rise from GH\u00a2230.00 to GH\u00a2296.89.<\/p>\n<p>The statement also added that all new pensioners from January 2016 will get a pension of GH\u00a2276.00 monthly.<\/p>\n<p>Last April, SSNIT paid lump sums to 4,864 pensioners who were affected by the amendment of the Pensions Act 883.<\/p>\n<p>The company also denied media reports that government owed it about GHC 8 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>By: citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Social Security and National Insurance Trust (SSNIT) has announced a 20 percent increase in the monthly pension payments for 2016. According to a statement signed by the Corporate Affairs Manager of SNNIT, Evangeline Amegashie, the increase was made in accordance with Section 80 of the National Pensions Act 2008 (Act 766) [contextly_sidebar id=&#8221;Us4WVEcAHLXvG0QNex4kbWVPnMYSOTjC&#8221;]The current [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32],"tags":[],"class_list":["post-178957","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/178957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178957"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/178957\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}