Highest paid SSNIT pensioner gets over 50k and about GHC 100 for the least

Highest paid SSNIT pensioner gets over 50k and about GHC 100 for the least

Ghana’s highest pension earner takes home about GH¢51,000 every month. That is according to the Director General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang.

At a press conference in Accra on November 29, the Director-General said the anonymous pensioner was a huge and consistent contributor for a long time.

He was responding to a question on pension discrepancies vis-à-vis salaries earned during active service.

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Dr Ofori-Tenkorang indicated that the pension paid monthly is regulated by an act of Parliament, which also determines the end-of-service earnings for contributors.

He, therefore, cited that the highest earner in their records currently takes home GH¢51,000 every month.

The SSNIT Director General revealed that some are supposed to earn as low as GH¢100 but, again, the legislation does not allow those persons to be given that simply because the lowest pension is pegged with the minimum wage.

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SSNIT contributions are compulsory and government regularly checks on companies to pay for their employees.

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Source: YEN.com.gh

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