The Social Security and National Insurance Trust (SSNIT) says it will strengthen its investment mix to build a sustainable future for Ghanaian pensioners and support economic development, focusing on energy and hospitality among other key sectors.
Mr Kwesi Afreh Biney, the Director-General of SSNIT, made this commitment at a meeting to announce the 2026 pensions indexation in Accra on Thursday, noting that the Scheme would incur additional cost of GHS616.6 million this year.
He attributed it to the 10 per cent increment in pensions and expressed confidence that its diversified investment in high-earning portfolios would provide the needed financial protection.
The Trust, which is the largest single institutional investor on the Ghana Stock Exchange (GSE), also has investments in finance, real estate, agriculture, manufacturing, services, as well as hospitals and clinics.
“We have multiple investments; of the 33 companies listed on the Stock Exchange, we have investments in 22,” he said.
“We have investments in energy, hospitality and other key sectors, and these investments have been paying dividend to us consistently.”
Mr Biney was responding to a question posed by the Ghana News Agency during the announcement of the 2026 pension indexation, noting that SSNIT’s total assets under management had grown steadily, reaching GHS25 billion in 2025.
“By diversifying our portfolio, SSNIT aims to cushion pensioners against inflationary pressures while ensuring the fund remains solvent and supporting broader economic development by channelling funds into sectors that create jobs and stimulate growth” he said.
With projections for further expansion in 2026, the Trust would keep investing and growing a sustainable fund that ensured that the future of pensioners and the economy was secured, Mr Biney stated.
He said the Trust would also enhance membership campaigns, targeting some 200,000 active contributors to its scheme in 2026, expanding the contributor base and strengthening inflows.
With over 2.1 million active contributors and 261,000 pensioners, SSNIT’s role in Ghana’s social protection system remains pivotal, with the Trust increasing in the minimum monthly pension for new pensioners from GHS300.00 to GHS400.00.
The 10 per cent indexation would also see pensioners currently on minimum pension of GHS300.00 receive GHS409.56 per month due to the redistribution mechanism, while the highest earning pensioner would receive GHS213,991.47 compared to the previous GHS201,792.37.
Mrs Evelyn Adjei, Chief Actuary, SSNIT, said: “The 2026 indexation focuses on cushioning low-income pensioners and strengthening the minimum pension floor, while maintaining responsible pension adjustments across the Scheme.”
She explained that the 10 per cent increase in pension would cover about 70 per cent of its 261,920 members as of December 2025, with others receiving varying percentage increments.
“This is to also ensure that our pension is preserved, so that when you go on pension, SSNIT can deliver on its promise,” she added.
