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.
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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).
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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₵28,703.01, with a minimum of GH₵300 for new pensioners.
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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.
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The next pension payment is slated for February 20, 2025. 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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