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.

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 1 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. "SSNIT injects 3-4 million dollars into Africa World Airlines". 30 November 2001.
  2. "SSNIT owns 40% in West Hills Mall". Graphic Business. Retrieved 9 January 2015.
  3. "SSNIT Workers Salary". Training Forms.


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