SSNIT is moving in positive direction –Deputy DG

Mr Adam Sulley, the Deputy Director-General in charge of Operations and Benefits of the Social Security and National Insurance Trust (SSNIT), has urged workers to take a keen interest in the national pension scheme to secure their future.

He said the SSNIT was moving in a positive direction as it had introduced reforms and innovative service delivery models aimed at improving access to pension services and strengthening the sustainability of the scheme.

Mr Adam Sulley made the call at a regional forum organised by the SSNIT, in collaboration with the Trades Union Congress (TUC) in Bolgatanga, on the theme: “Empowering Unions, Secure Futures: Deepening Pension Literacy across Ghana.”

The forum formed part of a nationwide engagement designed to deepen pension literacy among workers and strengthen collaboration between SSNIT and organised labour.

The Deputy Director-General in charge of Operations and Benefits of the SSNIT noted that the Trust’s assets had grown from about GH¢20 billion in 2024 to GH¢25 billion in 2025, an indication that the institution was prudently managing the contributions entrusted to it by workers.

According to him, SSNIT was implementing several initiatives to improve service delivery and bring its services closer to contributors.

These initiatives, he said, included the introduction of a virtual branch, which enables contributors and pensioners to access information and services at their convenience without necessarily visiting physical offices.

Mr Adam Sulley also disclosed that SSNIT had established strategic partnerships with banks through a co-location arrangement to improve accessibility.

Under the initiative, the services of the SSNIT are currently available in selected branches of Ecobank, GCB Bank, Fidelity Bank and Consolidated Bank Ghana.

He said the approach was intended to make services more accessible to contributors while also helping to expand the scheme’s membership.

Mr Sulley said the SSNIT currently had about 2.1 million active contributors, with a target of increasing the number to 2.4 million by the end of 2026 and 2.8 million by 2027 as part of its strategic plan.

The Deputy Director General stressed the importance of expanding pension coverage to the informal sector, noting that the sector constituted about 80 per cent of Ghana’s workforce.

“There is no way SSNIT can succeed without the informal sector,” he said, urging workers in that sector to enrol in the scheme to secure their future.

He explained that contributors to the scheme were entitled to three major benefits: retirement pension, invalidity benefits in case of permanent disability, and survivors’ benefits for dependents in the event of death.

He said individuals in the informal sector who failed to join the scheme would miss out on those benefits.

Mr Sulley assured contributors that their funds were safe, noting that reforms in SSNIT’s investment and property management had improved returns.

Mr Joshua Ansah, the Secretary-General of the Trades Union Congress, described the forum as an important platform for educating workers on the pension system.

He said pension education was essential because many workers still lacked adequate knowledge about how the system operated and how their contributions were managed.

Mr Ansah emphasised that pensions represented workers’ deferred wages and were critical to ensuring dignity and security after retirement.

He also supported calls for the consolidation of workers’ earnings to increase pension contributions, noting that such a move would help improve the pensions workers received after retirement.

The forum brought together union leaders, workers, pensioners, SSNIT officials and other stakeholders to discuss pension literacy and strategies to strengthen Ghana’s pension system.

From Gilbert Azeem Tiroog, Bolgatanga

GNA

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