The government through the Ministry of Finance led by Dr Cassiel Ato Forson, has paid more than GH¢4.40 billion to the Social Security and National Insurance Trust (SSNIT) and towards its Second-Tier Pension obligations, in a move aimed at safeguarding workers’ retirement benefits.
According to the Ministry, the payment reflects the government’s commitment to meeting its pension obligations and ensuring that funds due to pension institutions are settled.
The Ministry made this annoucement in a notice posted on its Facebook wall
According to the government, the payments will help protect workers’ pensions while demonstrating its commitment to the responsible management of public funds.
The Ministry is of the view that, fulfilling pension-related obligations will support the long-term security of workers and strengthen confidence in Ghana’s pension system.
