Kumasi: The Social Security and National Insurance Trust (SSNIT) has reiterated its commitment to enhancing the social security system in Ghana, aiming to create a more robust and inclusive framework to benefit all pensioners. The organization is focused on fulfilling its duties in a manner that ensures the judicious use of pension funds, securing the future for workers and their dependents.
According to Ghana News Agency, Mr. Kofi Bosompem Osafo-Maafo, Director General of SSNIT, emphasized the Trust’s dedication to establishing a sustainable pension scheme that can foster public trust and confidence. He made these remarks during a meeting titled ‘SSNIT POSIUM’ with academia, professional associations, and other key stakeholders in Kumasi. The meeting aimed to promote collaboration among stakeholders, initiate a national dialogue on SSNIT issues, and reinforce commitment and transparency within the organization.
The discussions at the meeting focused on the future of the pension scheme and enhancing capacit
y building, under the theme ‘Building Knowledge Based SSNIT Scheme.’ Mr. Osafo-Maafo noted that SSNIT has been persistent in its efforts since its inception, working diligently to transform the narrative surrounding social security in Ghana by driving innovations and making strategic decisions to maximize returns and ensure the scheme’s sustainability.
SSNIT has also made significant strides in expanding its coverage, particularly among individuals in the informal sector, thereby increasing enrolment numbers. Mr. Osafo-Maafo assured that the benefits of SSNIT remain consistent, highlighting the long-term nature of the pension industry as a business that must inspire trust.
Mr. Richard Manu, Manager of the Self Employed Enrolment Drive (SEED) at SSNIT, stated the Trust’s commitment to ensuring that self-employed workers have a guaranteed source of income during old age or in case of disability. He highlighted SSNIT’s efforts to strengthen financial resilience among self-employed family members, reduce person
al dependence, and expand access to SSNIT benefits, particularly through SEED’s focus on enrolling self-employed individuals and informal sector workers.
Furthermore, SSNIT boasts the largest commercial properties in Ghana, providing accommodation to alleviate the burden on workers and students. Professor Charles Ofosu Marfo, Provost of the College of Humanities and Social Sciences at KNUST, noted SSNIT’s use of digitization to boost membership enrolment and improve service delivery. The Trust is also working to address public discourse and perceptions to ensure the sustainability of the pensions scheme for future generations.