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Tag Archives: SSNIT

Sanction SSNIT officials responsible for $11m pensions investment loss – Auditor-General

2020 Audit report found $11m loss in pensions investment A-G asks SNNIT management to investigate SSNIT failed to retrieve GH¢146.9m loan from Ghana Road Fund Ghana’s Auditor-General, Johnson Akuamoah Asiedu, has urged the management of SNNIT to punish the officers responsible for the $11m loss in pensions investment. The Auditor-Generals recommendation …

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SSNIT OBS case: Ernest Thompson, four others begin trial on Jan 21

The trial of former Director-General of Social Security and National Insurance Trust (SSNIT) Ernest Thompson and four others who have been accused of causing financial loss to the state in the SSNIT Operational Business Suite (OBS) case will commence on January 21, 2022. This was after the High Court in …

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SSNIT sues Hearts of Oak – Report

Hearts of Oak kicked out of CAF Champions League SSNIT takes legal action against Hearts of Oak Hearts of Oak winless in five GPL games Reigning Ghana Premier League champions Accra Hearts of Oak have reportedly been sued by the Social Security and National Insurance Trust (SSNIT) over non-payment of …

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SSNIT withholds GH¢186.58m of pension benefits

Deputy Director-General of Operations and Benefits at the Social Security and National Insurance Trust (SSNIT), Laurette Korkor Otchere, has revealed that the Trust withheld the pensions of about 24,333 pensioners, amounting to GH¢186.58million, as of November 2021. These are people who have not re-enrolled biometrically or not completed/renewed their Pensioner …

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Pay contributions of workers on their right earnings – SSNIT warns

The Social Security and National Insurance Trust (SSNIT) has implored employers to pay the contributions of workers on their right earnings to enable them to get a decent pension on retirement. Dr John Ofori-Tenkorang, the Director-General of SSNIT, who made the call, said the amount a retiree received as pension …

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GH¢442.7m SSNIT funds locked up in non-performing investment – Audit Report

Ad • The audit report says more than ¢440 million locked up in non-performing investments • The report stated SSNIT did not receive any returns from two of the companies for investments made since 2005 • The Auditor-General has called for the strengthening of supervisory controls The 2020 audit report …

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SSNIT to save US$17 million through merger with NIA

The Social Security and National insurance Trust (SSNIT) on Monday, June 28,2021 began integrating and harmonising its database with the National Identification Authority (NIA). The integration of the databases of the two institutions would save SSNIT US$ 17 million for halting the printing of new biometric cards to its Members. …

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Strike looms over SSNIT’s refusal to comply with NLC ruling on past credit

Public sector workers under the umbrella of Forum for Public Sector Associations and Unions (FORUM) are threatening labour unrest over what they describe as the Social Security and National Insurance Trust’s (SSNIT) deliberate refusal to comply with a National Labour Commission (NLC) ruling on the payment of past credit. The …

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SSNIT scandal: State files new charges against Ernest Thompson, others

State prosecutors have brought fresh charges against a former Director-General of the Social Security and National Insurance Trust (SSNIT), Mr Ernest Thompson and four others for causing financial loss to the state. This latest charge follows a Supreme Court ruling that the particulars the state had provided to support the …

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SSNIT sets records straight on Weija lands ownership

The Social Security and National Insurance Trust (SSNIT) has reacted to the Ghana National Association of Garages’ (GNAG) demand for an immediate transfer of New Weija lands to them. According to SSNIT, the Government of Ghana, per an Executive Instrument (E.I. 1) gazetted on 19th January 1996, compulsorily acquired the Sempe Stool lands at New …

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