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SSNIT discloses timely pension payments to 257,000 retirees and outlines digital expansion under Social Security @60

Kelvin KokrokobyKelvin Kokroko
November 3, 2025
in Economy
SSNIT discloses timely pension payments to 257,000 retirees and outlines digital expansion under Social Security @60

The Social Security and National Insurance Trust (SSNIT) has announced that it is consistently paying pensions to more than 257,000 retirees across the country.

According to Director-General Kwesi Afreh Biney, the current oldest SSNIT pensioner is 115 years old, while the youngest is a 32-year-old who retired due to permanent disability.

Get more exclusive breaking news updates on our WhatsApp channel .

Addressing journalists through a recorded presentation played at the SSNIT Media Connect engagement in Tamale, Mr Biney revealed that over 120,000 self-employed persons were enrolled on the SSNIT scheme in 2023.

The event, held as part of the nationwide rollout following the Social Security @60 launch in July, aimed to strengthen dialogue between SSNIT and media practitioners in northern Ghana and promote responsible reporting on social protection issues.

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Mr Biney described Social Security @60 as a renewed national commitment, stating that it represents “a promise to protect the dignity of your work and to secure the future of generations to come.”

He noted that SSNIT currently operates 57 branches nationwide and has partnered with several banks to extend its reach. He also announced plans for a 24/7 virtual branch that will enable customers to access SSNIT services at any time.

Speaking at the event, General Manager of Operations Frank Molbila highlighted SSNIT’s position as the single largest institutional investor on the Ghana Stock Exchange, underscoring its influence on national development.

He disclosed that SSNIT’s total investment portfolio stands at GH¢24.5 billion, including GH¢11.7 billion in equities, GH¢6.8 billion in treasury bills, GH¢5.4 billion in real estate, and GH¢459 million in economic empowerment projects.

He reaffirmed SSNIT’s long-term commitment, saying the organisation will continue to evolve “powered by innovation, guided by integrity, and inspired by trust.”

Tamale Area Manager Seth Quartey described Social Security @60 as a celebration of six decades of service and transformation geared toward safeguarding the future of Ghanaian workers.

Marketing Manager Jemilatu Mahamadu commended participants for their engagement, saying the collective priority is to make social security more accessible, simpler, and relevant to workers across the country.

Tags: SSNIT

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