Social Security and National Insurance Trust

The Social Security and National Insurance Trust, is an agency of the government of Ghana. Its "job description", according to its website, is to administrate the National Pension Scheme. In so doing, the trust owns major amounts of stock in Ghana's principal companies, and is an important part of Ghana's economy. The trust's top management has changed since 7 January 2017 so the information there is wrong.

This article is about a Ghana government agency. For the suburb in Tamale, see SSNIT Flats.
SSNIT
Social Security and National Insurance Trust
Official seal
Agency overview
Formed1965
JurisdictionRepublic of Ghana
HeadquartersAccra, Greater Accra Region, Ghana
Employees2,200
Agency executives
Websitewww.ssnit.org.gh

Investments

Stock Portfolio

For example, the trust owns:

End of lump sum payment

From the 1st of January 2020 all workers who attain the age of 60 years would not receive the lump sum payment anymore as was stated in PNDC Law 247. The lump sum payments had been transferred to the second tier fund managers.[3]

References
  1. https://www.ghanaweb.com/GhanaHomePage/business/SSNIT-injects-3-4-million-dollars-into-Africa-World-Airlines-251124
  2. "SSNIT owns 40% in West Hills Mall". Graphic Business. Retrieved 9 January 2015.
  3. 122108447901948 (2019-10-25). "SSNIT lump sum ends 2019". Graphic Online. Retrieved 2019-10-25.CS1 maint: numeric names: authors list (link)

Sources



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