SSNIT increases pensions by 10 percent

Director General of SSNIT, Dr. John Ofori-Tenkorang

The Social Security and National Insurance Trust (SSNIT) has announced a 10 percent increase in monthly pensions.

“All Pensioners on the SSNIT Pension Payroll as of 31st December 2020 will have their monthly pension increased by a Fixed Rate of 9.34% representing the annual average price inflation, plus a redistributed Flat Amount of GH¢6.47,” a statement issued by Trust said.

According to the Trust, pensioners receiving  GHS300.00 as of 31st December 2020 will have their monthly pensions increased to GH¢334.49, representing an
increase of 11.5%.

“The minimum pension for all new Pensioners effective January 2021 will be GH¢300.00. This means, pensioners whose computed monthly pensions fall below GH¢300.00 will be placed on this minimum.” the statement read.

Download (PDF, Unknown)


  1. Anonymous says

    Pensioners are grateful

  2. Anonymous says

    Wow this is great news. My father will earn above Ghc300.00.

Leave A Reply

Your email address will not be published.

You might also like