The Social Security and National Insurance Trust (SSNIT) has held a forum for stakeholders to advance the interest of the pension scheme.
It was to assure pensioners, contributors, and members of the public of SSNIT’s commitment to managing its assets in a manner that would ensure the long-term sustainability of the Scheme.
Mr Joseph Poku, Chief Actuarist at the SSNIT, in a presentation at the forum in Tamale, explained that the Scheme paid minimum pension by subsidising pensions for pensioners, whose salaries were woefully low when they were in active service or contributors, who contributed on a minimal salary to the scheme.
Mr Poku explained that the Scheme was not meant for only employees in the formal sector and encouraged every worker within both the formal and informal sectors to be part of the scheme.
He assured stakeholders that the Scheme remained resolute and would continue to deliver its core mandate without hesitation.
Alhaji Issah Yahaya, Northern Regional Chairman of the Pensioners Association of Ghana urged the citizenry to support to strengthen the SSNIT pension scheme to improve the welfare of pensioners.
He advised the younger generation to start contributing towards the SSNIT scheme as an investment for their future where they could retire in dignity.
Latest Stories
-
Mahama hails Otumfuo’s contributions towards national development
11 minutes -
Desist from your previous mistakes – Mahama urged
12 minutes -
Roads and Highways Minister-designate lauds Bawumia for conceding defeat timeously
15 minutes -
‘Work and school can resume’ – Ashanti Regional Minister-designate on AGA incident
17 minutes -
Sammy Gyamfi assumes office as Acting Managing Director of PMMC
1 hour -
South Africa police launch manhunt for illegal mining ‘kingpin’
1 hour -
Tanzania confirms Marburg virus outbreak after initial denial
2 hours -
Zulu king’s first wife fails to halt third marriage
2 hours -
My Lord! To be or not to be…
2 hours -
Samsung Galaxy Unpacked 2025: The next big leap in mobile AI experiences
2 hours -
Trump vows to leave Paris Climate Agreement and ‘drill, baby, drill’
2 hours -
Trump orders US to leave World Health Organisation
3 hours -
Proud Boys and Oath Keepers among 1,500 Capitol riot defendants who Trump pardoned
3 hours -
Trump has vowed to end birthright citizenship. Can he do it?
3 hours -
Executive order delaying TikTok ban gets Trump sign-off
3 hours