SSNIT increases monthly pension by 10 percent

The Social Security and National Insurance Trust (SSNIT) has increased the monthly pension by 10% for the year 2018.

This is in consultation with the National Pensions Regulatory Authority (NPRA) and in accordance with Section 80 of the National Pensions Act 2008 (Act 766).

Accordingly, current pensioners on the SSNIT Pension payroll as at December 2017 will have their pensions increased by 10%.

Those on the current minimum pension of GH¢276.00 will have their pensions increased to GH¢303.60.

The minimum pension for all fresh pensioners from January 2018 will be GH¢276.00.