Home > Business
 
SSNIT increases pensions
From: Ghana/ Myjoyonline.com          Published On: January 2, 2013, 16:29 GMT
 
  Comments ()     Email     Print  

     
 




SSNIT increases pensions
The Social Security and National Insurance Trust (SSNIT) in accordance with section 80 of the National Pensions Act, 2008 (Act 766) has increased (indexed) pensions-in-payment for 2013.

A statement signed by the Corporate Affairs Manager of the Trust Evangeline Amegashie said “as a result [of the increase], all pensions-in-payment as at December 31, 2012 has been increased by a fixed rate of 12 per cent and a flat amount of ¢21.36 per pensioner.”

“This gives an overall indexation rate of 22.6 per cent for the year 2013,” the statement added.

'However, the minimum monthly pension will now be ¢100.00 for new pensioners with effect from January 2013.

'Furthermore, all pensioners receiving monthly pension of less than 100.00 will be placed on a pension of ¢100.00 per month,' the stated said


Comments ( ): Have Your Say >>