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SSNIT Boss reveals how much the highest and lowest paid pensioner in Ghana takes monthly

03/05/2019
Reading Time: 2 mins read
SSNIT_Boss, ssnit increases benefits, ghanatalksbusiness.com

SSNIT Boss Dr. John Ofori Tenkorang

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The Director General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang has hinted on the amount the highest paid pensioner in Ghana earns every month.

According to him, the highest paid pensioner for 2019 earns 55,000 Ghana cedis a month, with the second person earning 50,000 Ghana cedis.

The SSNIT boss revealed this in an interview on Citi TV’s programme, The Point Of View.

He, however, said the number of people who earn around such amount does not constitute up to 1% of the pension benefits SSNIT handles.

“My highest paid pensioner earns about 55,000 Ghana cedis a month, that’s for 2019, the next one is 50,000, [and] the next one is 45,000. The percentage of people who earn such is very minimal, it is less than 1% of the pensioners,” he said.

He aslo added that, the lowest pension paid in 2019 was 300 Ghana Cedis.

Reacting to complains by some section of the general public, that SSNIT is shortchanging pensioners by giving them low pernsion payments, Dr John Ofori-Tenkorang said the benefits are based on the contributions and salaries of workers, meaning what people get from SSNIT depends on what they put in.

“The benefits that are prescribed by law under the SSNIT pension schemes anchors the benefits that you pay on the salary on which you contributed. So if you contribute on low salary or dodge your contribution, you should not expect to get more. You will get what you put in,” he said.

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