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Payroll monitoring exercise, de-activation of ghost pensioners saved Ghana GHC895m – Minister

The Government of Ghana successfully saved a total of GHC895 million in 2023 through a nationwide payroll monitoring exercise and the deactivation of nearly...

Business

More than 250,000 retirees receive support from GHS447m embezzled by SSNIT

The Social Security and National Insurance Trust (SSNIT) has distributed a substantial GH¢447.07 million to 250,580 pensioners for August 2024. This payment, issued on Thursday,...

Business

A pensioner shares story of how her cousin take GHS300 as monthly pension pay after 30 years

Imagine dedicating 30 years to your career, only to retire with a meager pension. This is the reality for numerous retirees who have invested their...

Headline

SSNIT: Pension contributions for 2023 hit GHC6.8bn

SSNIT Pension Scheme has accumulated a total of ₵6.8 billion in contributions, as reported in SSNIT's operational summary for the year 2023. Contribution collections for...

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NPRA rolls out revised fee system for pension service providers

The National Pensions Regulatory Authority (NPRA) has introduced a revised fee structure for service providers within the pension industry, encompassing licensed trustees, pension fund...

News

Your contributions are safe – SSNIT tells beneficiaries

The Social Security and National Insurance Trust (SSNIT) has refuted claims suggesting that the Scheme might encounter difficulties in meeting its financial obligations to...

News

Military pensioners to undergo quarterly verification exercise to receive pay

The Controller and Accountant General's Department has instructed retired military personnel and military widows who receive government pension under Cap 30 to participate in...

News

SSNIT withholds pension funds of 19,100 over failure to do biometric authentication

SSNIT withholds pension funds of 19,100 over failure to do biometric authentication Social Security and National Insurance Trust (SSNIT) has retained GH¢480 million, representing funds...

Business

2m out of 12m Ghanaians have pension covering – Baffuor-Awuah

In Ghana, there are over twelve million workers, but only about two million are protected by pension plans, according to Minister of Pensions,...

Business

Nigeria: Contributors to pensions, retirees, become agitated as unresolved complaints mount

As pension assets continue their ascent, reaching a total of N17.1 trillion in July, an increasing number of pension contributors and retirees find themselves...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia