26th November 2024 8:18:05 AM
2 mins readThe Social Security and National Insurance Trust (SSNIT) has reaffirmed its commitment to developing a stronger, more inclusive social system to benefit all pensioners.The Trust aims to fulfill its responsibilities efficiently, ensuring pension funds are used wisely to safeguard the future of workers and their families.SSNIT's Director General, Mr.
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Kofi Bosompem Osafo-Maafo, highlighted the organization’s focus on creating a sustainable pension scheme to foster greater public trust and confidence.He made these remarks during an engagement with academics, professional bodies, and key stakeholders in Kumasi.
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The event, branded as the “SSNIT POSIUM,” sought to encourage stakeholder collaboration, provide a platform for national discussions on SSNIT matters, and promote transparency and dedication.Additionally, it aimed to explore the future of the pension system while building capacity among stakeholders.
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The meeting, themed “Building a Knowledge-Based SSNIT Scheme,” emphasized the importance of informed strategies to strengthen the Trust's impact.Mr. Osafo-Maafo stated that SSNIT has consistently worked to improve social security since its establishment, striving to reshape perceptions about the sector in Ghana.
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He noted that the Trust is embracing innovation and making strategic choices to optimize returns and sustain the pension scheme.Expanding its reach, SSNIT has incorporated more individuals from the informal sector, leading to significant growth in enrolment.Mr. Osafo-Maafo assured that SSNIT's benefits remain consistent, emphasizing that pensions are a long-term commitment requiring public confidence.Mr.
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Richard Manu, Manager of the Self-Employed Enrolment Drive (SEED) at SSNIT, stated that the Trust is committed to ensuring self-employed individuals have a reliable source of income during old age or in cases of disability.He added that SSNIT’s initiatives are aimed at boosting financial security for self-employed workers and their families, minimizing dependency, and broadening access to SSNIT benefits.
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SEED specifically focuses on integrating informal sector workers and self-employed individuals into the pension scheme.Mr. Manu highlighted that SSNIT owns the largest portfolio of commercial properties in Ghana, which has provided housing solutions to support workers and students.
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Professor Charles Ofosu Marfo, Provost of the College of Humanities and Social Sciences at KNUST, remarked that SSNIT is leveraging digital tools to increase membership and improve service delivery.The Trust is also addressing misconceptions and public concerns to ensure a robust pension system that will endure for future generations.
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