The National Association of Graduate Teachers (NAGRAT) has called for a comprehensive overhaul of the Social Security and National Insurance Trust (SSNIT) management. This appeal comes in the wake of a report by the International Labour Organization (ILO), which forecasts SSNIT’s inability to make full payments to its contributors by 2036. The ILO report indicates […] The post NAGRAT
Joseph Poku The Social Security and National Insurance Trust (SSNIT), says it has enough reserve capable of paying beneficiaries of the scheme as well as fulfilling its financial obligation Read More... The post SSNIT Reacts To ILO’s Report appeared first on DailyGuide
Kofi Bosompem Osafo-Maafo SSNIT Boss The Social Security and National Insurance Trust (SSNIT) has taken action to clarify misinformation regarding its reserves. The Trust indicated that the current funds Read More... The post We Have Enough To Pay Benefits – SSNIT appeared
The Social Security and National Insurance Trust (SSNIT) has dismissed claims suggesting that the Scheme may face challenges in meeting its financial obligations to beneficiaries in the future, as highlighted in the 2020 International Labour Organization Actuary Report. Acknowledging the speculative nature of the report’s findings, the Scheme firmly stated that these projections do not […] The post Don’t
The Social Security and National Insurance Trust (SSNIT) says payment of pensions to members are not funded by its reserves as reported by some media houses. This follows media reports that SSNIT reserves are being depleted. In responding to the publications, SSNIT assured members that the fund can meet its benefits payment obligations beyond 20236. […] The post Pension payments are not funded
The Social Security and National Insurance Trust [SSNIT) has refuted claims suggesting that its reserves are depleting. There have been reports suggesting that SSNIT will be unable to pay benefits by 2036 as a result of depletion in reserves. But in a statement issued on Friday, April 26, SSNIT said it “presently receives contributions and […] The post Our reserves are not depleting
Kofi Bosempem Osafo Marfo In response to recent reports suggesting that the reserves of the Social Security and National Insurance Trust (SSNIT) are depleting, the Trust has issued a Read More... The post SSNIT
Board Members of the Electricity Company of Ghana (ECG) have described as unlawful and a breach of natural justice the decision by the Public Utility Regulatory Commission (PURC) to impose a GHC5.8m fine on them for alleged regulatory non-compliance. In a letter written by their lawyer, Yaw Acheampong Boafo on their behalf, the board members […] The post Your fines to
The Presidency has explained the reasons behind the dismissal of Dr John Ofori-Tenkorang as the Director-General of the Social Security and National Insurance Trust (SSNIT). In a statement on Saturday, April 13, the Director of Communications at the Presidency, Eugene Arhin, clarified that Dr Ofori-Tenkorang’s dismissal was not due to misconduct or malfeasance. On Monday, […] The post SSNIT
The Presidency has refuted speculations that the outgoing Director-General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang was dismissed for engaging in some wrongdoing. A statement released by the Director of Communications for the Presidency, Eugene Arhin said, such speculations have no basis. “Contrary to some speculations in the media, the […] The post Sacked
The Presidency has touted the great transformation made to the operations of the the Social Security and National Insurance Trust (SSNIT) by its outgoing Director-General, Dr John Ofori-Tenkorang. A statement released by the Director of Communications for the Presidency, Eugene Arhin said President Akufo-Addo values the contribution of Dr Ofori-Tenkorang to the development of SSNIT. […] The post President
The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has dismissed the existence of a group purportedly led by Stephenson Anane Boateng. This response follows Mr Anane Boateng’s rejection of COCOBOD’s announcement of a 58.26 percent increase in cocoa prices, which has been set at GH¢33,120 cedis per ton for the 2023/2024 […] The post Cocoa
President Akufo-Addo has appointed Kofi Bosompem Osafo-Maafo as the Director General of the Social Security and National Insurance Trust (SSNIT). The new Director-General of SSNIT is the son of President Akufo-Addo’s Senior Advisor, Yaw Osafo-Maafo. The younger Osafo-Maafo takes over from Dr. John Ofori Tenkorang who has been instructed to hand over his duties by […] The post Osafo-Maafo’s
President Nana Addo Dankwa Akufo-Addo has terminated the appointment of the Director-General of the Social Security and National Insurance Trust (SSNIT) Dr. John Ofori Tenkorang. Dr. Tenkorang has been instructed to hand over his duties to Kofi Bosompem Osafo-Maafo by Monday, April 15. “Reference is made to your appointment letter dated 1st July 2019, issued […] The post Akufo-Addo sacks SSNIT
President Akufo-Addo has appointed Deputy Minister for Energy, Herbert Krapa as the new Chairman of the Board of Directors of the Electricity Company of Ghana (ECG). This followed the resignation of Keli Gadzekpo, who has chaired the electricity distribution company since 2017. Mr. Gadzekpo resigned from the role on Tuesday, March 26, 2024 in a […] The post Deputy Minister for Energy appointed
Keli Gadzekpo, the Board Chairman of the Electricity Company of Ghana (ECG), has resigned from his role, effective April 9. In his resignation letter to President Akufo-Addo on Tuesday, March 27, Mr. Gadzekpo cited personal reasons as his motive behind the move. He went on to wish ECG and the government continued success in their […] The post ‘It’s personal’ – Keli Gadzekpo
Haruna Iddrisu, the immediate past Minority Leader in Parliament, has accused the Speaker of Parliament, Alban Bagbin, of breaching the constitution regarding the re-composition of the Parliamentary Service Board. According to the Tamale South MP, Bagbin failed to comply with Article 124 of the 1992 Constitution, which mandates the formation of a committee to advise […] The post Haruna
Dr. John Ofori-Tenkorang (5th right) with other members of NPA The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by Read More... The post SSNIT Donates GH¢1m For Pensioners’
About 60,000 persons in the informal sector, especially the self-employed have joined the Social Security and National Insurance Trust (SSNIT), since the inception of the Self Employed Enrollment Drive (SEED) programme. The SEED programme seeks to ensure that both workers in the formal and informal sector benefit through their monthly contribution on their retirement or […] The post 60,000 self-employed join SSNIT
The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by presenting a cheque of GHS1 million. This donation is specifically aimed at supporting the healthcare of pensioners enrolled on the NPA’s Pensioners Medical Scheme (PMS). This contribution is in fulfilment of a commitment by SSNIT’s Management […] The post SSNIT
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