SSNIT

BVS Compliance Watch: SSNIT Announces the Increased Maximum and Minimum Insurable Earnings for 2024

The Social Security and National Insurance Trust (SSNIT) has announced the approved increased maximum and minimum insurable earnings for 2024 by the National Pensions Regulatory Authority (NPRA) as per Section 63(3) of the National Pensions Act, 2008 (Act 766) as follows: Maximum insurable earnings GHS52,000.00, equivalent First Tier Contributions as GHS7,020.00; and Minimum insurable earnings […]

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BVS Compliance Watch : SSNIT Announces 15% Overall Pension Indexation Rate For 2024

The Social Security and National Insurance Trust (SSNIT) has announced the pension indexation rate for 2024. This decision was made in consultation with the National Pensions Regulatory Authority (NPRA) and as per Section 80 of the National Pensions Act, 2008 (Act 766). Monthly pensions have been increased by 15% for the year 2024. The highest-earning

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