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Business and Economics

SSNIT reviews upwards pensions-in-payment for 2013

 

Accra, Jan. 2, GNA – The Social Security and National Insurance Trust (SSNIT) has increased pensions-in-payment by a fixed rate of 12 per cent and a flat amount of GHc21.36 per pensioner for 2013.

 

Accra, Jan. 2, GNA – The Social Security and National Insurance Trust (SSNIT) has increased pensions-in-payment by a fixed rate of 12 per cent and a flat amount of GHc21.36 per pensioner for 2013.

    A statement signed by Ms. Evangeline Amegashie, Corporate Affairs Manager and copied to the Ghana News Agency in Accra on Wednesday said “SSNIT in accordance with section 80 of the National Pensions Act, 2008 (Act 766) has increased indexed or pensions-in-payment for 2013”.

    The statement said the overall indexation rate would now stand at 22.6 per cent for 2013.

    The statement said the minimum monthly pension would be GHc100 for new pensioners with effect from January 2013, while all pensioners receiving monthly pension of less than GHc100 would be placed on a pension of GHc100 per month.

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