The Social Security and National Insurance Trust (SSNIT) has adjusted monthly pensions upwards by 10% for 2022.
SSNIT says the decision was taken in consultation with the National Pensions Regulatory Authority (NPRA) pursuant to Section 80 of the National Pensions Act 2008 (Act 766).
In a press statement dated 11 January 2022, SSNIT said all pensioners on its pension payroll as of 31 December 2021, “will have their monthly pension increased by a fixed rate of 9.68% plus a redistributed flat amount of GHC3.44.”
“The effective increase in pensions would therefore range from 9.683% for the highest pension earner to
10.83% for the lowest pension earner,” the statement added.
Read the full statement below:
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