Pension payment increased by 20%

The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payment by 20 percent effective January 2016.

A statement issued by SSNIT Corporate Affairs Manager, Ms Evangeline Amegashie, explained that the latest increment means the minimum wage for current pensioners will increase to ₵296.89 from ₵230.00.

The statement stressed that “all fresh pensioners from January will receive a new monthly pension of ₵276.00”.