Published on 05 January, 2017.

In accordance with Section 80 of the National Pensions Act, 2008 (Act 766), the Social Security and National Insurance (SSNIT) has increased the monthly pension of pensioners by 18% for the year 2017.

In accordance with Section 80 of the National Pensions Act, 2008 (Act 766), the Social Security and National Insurance (SSNIT) has increased the monthly pension of pensioners by 18% for the year 2017.

This translates into the following after redistribution:

Current pensioners on the SSNIT Pension as at December, 2016 will have their pensions –

1. Increased by a fixed rate of 15% plus;
2. An additional flat amount of GH¢17.41 per pensioner.

Accordingly, all SSNIT pensioners on the current minimum monthly pension of GH¢276.00 will have their pensions increased to GH¢334.81.

All fresh pensioners from January 2017 will receive a minimum monthly pension of GH¢276.00.

SSNIT takes this opportunity to inform all pensioners who have not yet re-registered for their Biometric Smart Cards to do so by 28^th February, 2017.

All pensioners who have not re- registered will have their pension payment delayed if they do not re-register for their Biometric Smart Cards.

The Management of SSNIT wishes all Pensioners a fulfilling New Year.