SSNIT anticipates paying GHC8.21 billion pensions by close of 2026-General Manager

The Social Security and National Insurance Trust (SSNIT) paid GHC6.77 billion in pensions in 2025, Mr Frank Molbila, the General Manager in-charge of Benefits of the Trust has disclosed.
He said the trust anticipated to pay GHC8.21 billion by the close of 2026, saying that the SSNIT numerous benefits, urging every worker to register and join the scheme.
Mr Molbila disclosed this when speaking at a regional forum organised by the SSNIT, in collaboration with the Trades Union Congress (TUC) in Sunyani.
It was on the theme: “Empowering Unions, Secure Futures: Deepening Pension Literacy across Ghana”, formed part of a nationwide engagement designed to deepen pension literacy among workers and strengthen collaboration between SSNIT and organised labour.
Mr Molbila highlighted the benefits of SSNIT, saying that registering and joining the scheme secured one’s long-term financial security.
He advised all workers to plan their future well by registering and joining SSNIT, urging contributors to endeavour to update their records as well.
Mr Molbila noted that the value of SSNIT was superior to any other investment, explaining that after the 60 years mandatory retirement from active service, SSNIT was mandated to pay the monthly pension of contributors until death.
Mr Adam Sulley, the Deputy Director-General in-charge of in-charge of Operations and Benefits of the SSNIT later told the media that: “The law requires that once you are working and regardless of where you are working, you have to contribute to a trustee”.
He said it was against that background that the SSNIT was embarking on the nationwide engagement exercise to sensitize workers for them to understand and appreciate the operations of the Trust.
Mr Joseph Ansah, the Secretary General of the TUC advised the SSNIT contributors to monitor and ensure that their employers paid their monthly contributions. They must also have ample time to check and correct any abnormalities that might reflect on their contributions, he advised.