SSNIT Pays GH¢1.8 Billion In Half-Year Pension Benefits

SSNIT Pays GH¢1.8 Billion In Half-Year Pension Benefits

SSNIT Pays GH¢1.8 Billion In Half-Year Pension Benefits

SSNIT Pays GH¢1.8 Billion In Half-Year Pension Benefits A total of GH¢1.8 billion has been made in benefit payments to pensioners as of the first half of 2021, data from the Social Security and National Insurance Trust (SSNIT) has shown. This represents an 8.17 per cent increase in benefits paid compared to the same period 2020 figure of GH¢1.66 billion. The Trust made GH¢1.58 billion as pensions and GH¢8.81 million was paid to invalid pensioners; whereas, the total lump-sum payment was about GH¢214.29 million; this was made up of payments to survivors, old age members of the scheme, refunds, and…
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