17th January 2025 2:45:24 PM
1 min readThe Social Security and National Insurance Trust (SSNIT) has paid a total of GH₵510.21 million in pensions to 253,601 beneficiaries for January 2025.This payment, processed on January 16, 2025, highlights SSNIT’s dedication to ensuring retirees receive their benefits promptly.
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As part of its annual indexation process, SSNIT increased monthly pensions by 12% for 2025 in collaboration with the National Pensions Regulatory Authority (NPRA), as mandated by Section 80 of the National Pensions Act, 2008 (Act 766).For January 2025, the highest monthly pension under PNDC Law 247 reached GH₵201,792.37, while the lowest stood at GH₵396.58. Meanwhile, under Act 766, the maximum pension was GH₵28,703.
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01, with a minimum of GH₵300 for new pensioners.In December 2024, SSNIT distributed GH₵454.05 million to 252,766 pensioners. At that time, the highest pension under PNDC Law 247 was GH₵186,777.58, and the lowest was GH₵409.10. For pensions under Act 766, the maximum was GH₵26,506.66, with the minimum still at GH₵300.The next pension payment is slated for February 20, 2025.
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SSNIT has encouraged workers to safeguard their retirement by declaring their full earnings to the Trust, ensuring a secure and lifelong pension.
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