Audio By Carbonatix
The Social Security and National Insurance Trust (SSNIT) has increased the maximum insurable earning for 2023 to ¢42,000, from ¢35,000.
This increase takes effect from January 1, 2023.
In a statement, the Trust emphasised that the increase was made after careful consultation with the National Pensions Regulatory Authority in accordance with Section 63 (3) of the National Pensions Act 2008 (Act 766).
Accordingly, the minimum insurable earning has also been increased from ¢365.33 to ¢401.76, following the raise in the National Daily Minimum Wage.
It further urged employers and members of the insurance scheme to comply with the new changes and ensure the right contributions as the maximum and minimum contributions payable to SSNIT will be ¢5,670 and ¢54.24 respectively.
Read the public notice below:
Latest Stories
-
African journalists face rising pressure but show strong commitment to nation-building — Study shows
3 minutes -
Over 300 women equipped to break into digital trade as Click-to-Cargo Programme ends in Accra
7 minutes -
Culture, corruption fuel Ghana’s galamsey crisis — Study reveals
7 minutes -
“Buck stops at the top” — Minority calls for Energy Minister’s removal over power challenges
16 minutes -
Tiler in critical condition after alleged self-harm incident in Mankessim
24 minutes -
Couple held at gunpoint as armed men demolish mosque at Millennium City
27 minutes -
IndigoHomes’ Greenwich Park construction advances as founder & CEO embarks on site visit
27 minutes -
Sanitation crisis hits Nungua pre-school, enrollment drops to four
44 minutes -
Two killed, five injured in fatal crash at Third Ridge, Cape Coast
48 minutes -
Probe fires at state institutions; expose any sabotage — Asiedu Nketia
56 minutes -
Amelley Djosu: Dear comedians, the headliner should not be the weakest link
1 hour -
King to attend White House ceremony with Trump ahead of speech to Congress
2 hours -
“I had no childhood dreams” — Dr Adutwum reflects on humble beginnings and education journey
2 hours -
Volta Region receives 900 Laptops for rollout of One Million Coders Programme
2 hours -
Security agencies, assembly lead clean-up exercise in Winneba ahead of Aboakyer Festival
2 hours