Tuesday, 5 January 2016

SSNIT Increases Pension Pay by 20%

The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payment by 20% effective January 2016, a statement signed by the Corperate Affairs Manager, Evangeline Amegashie has said.

According to the statement, the increase was made in accordance with Section 80 of the National Pensions Act 2008 (Act 766)
The latest increment, the statement noted, means the minimum wage for current pensioners will increase to GHC296.89 from GHC230.00.