Just In: SSNIT Increases Percentage On 2023 Pension Payment, Details Drop (Read More)

Information reaching the auspices of ghlatest.net indicates the Social Security and National Insurance Trust popularly known as SSNIT has increased monthly pension payments by a percentage of 25.

In alignment with this new adjustment, pensioners who were placed on the SSNIT pension payroll on or before 30 December, 2023 will have their pensions increased by a fixed rate of 19% together with a redistributed flat amount of Ghc73.58.

According to an announcement made by the Director General of SSNIT, Dr. John Ofori Tenkorang, the anticipated expenditure for all pensioners who will be receiving their payment in the early stages of the year 2023 will be Ghc 4.3 billion.

This reflects an increment of exactly Ghc580 million more than the total amount paid to pensioners in the year 2022.