
Audio By Carbonatix
The Social Security and National Insurance Trust (SSNIT) scheme is the best pension scheme workers can get anywhere. This is according to its Director-General, Dr John Ofori-Tenkorang.
He explained that the management of SSNIT has been carrying out indexation to meet the rising rate of inflation.
This, he said, is part of the reasons the scheme is best for workers.
He made these statements during the Ghana National Association of Teachers (GNAT)’s Investment Forum held at the GNAT Hall on Wednesday, June 29.

"SSNIT undertakes indexation every year and the indexation matches inflation. SSNIT is aware of that and so we compensate for inflation," he said.
"I will urge people not to throw the baby out with the bad water. The narrative is that SSNIT is not good, people connived with their employers not to pay their SSNIT, but the SSNIT scheme is the best that you can ever get anywhere else as far as pension is concerned. If you don't join to contribute, you are harming yourself," he added.

He further indicated that management is going to roll out a programme to educate the people on the need to join SSNIT.
"We are going to roll out programmes to get people to come and join SSNIT because it is the best thing they can do for themselves," he said.
Latest Stories
-
Telecel expands Ashanti impact, adopts Kumasi South Mother and Baby Unit
51 minutes -
OMCs slash fuel prices as GOIL leads with petrol at GH¢12.79
56 minutes -
MOBA Golf Club launches invitational as part of Mfantsipim School 150th Anniversary
1 hour -
NIB targets stronger 2026 performance after Q1 profit rises to GH¢34.3
1 hour -
Wait, don’t increase tariffs yet – AGI urges PURC to watch falling oil prices
2 hours -
Trump made more than $1bn from crypto in first year back in office
2 hours -
AGI warns 3.5% electricity tariff hike could push production costs up by 10%
2 hours -
World Bank says Finance Ministry fiscal controls delayed GARID project
2 hours -
Wrong timing – AGI questions electricity tariff hike despite falling inflation and stable cedi
2 hours -
Why I won’t shoot my shot at Maduka Okoye – Tems
3 hours -
Veteran Nollywood actor, Elegbeje Ado dies at 66
3 hours -
Mexico beat 10-man Ecuador to set up potential tie with England
3 hours -
International IDEA commends Isaac Adjin Bonney for six years of leadership on finance and audit committee
3 hours -
Good governance requires consultation – GUTA faults utility tariff increase process
3 hours -
‘Floodwaters do not discriminate’ – Asenso-Boakye urges unity against flooding
3 hours