SSNIT eyes more financial investments to boost returns as total assets grow to GHS36bn
The Social Security and National Insurance Trust (SSNIT) says it is intensifying its focus on financial investments to boost returns and strengthen the sustainability of the pension scheme. The Trust says its total assets have now grown to 36 billion cedis, announcing that it is considering more investments in financial instruments. The Director-General of SSNIT, […]
The Social Security and National Insurance Trust (SSNIT) is planning to increase its financial investments to improve returns and ensure the long-term viability of the pension scheme. As of now, the Trust's total assets have reached 36 billion cedis. SSNIT's Director-General, Kwesi Afreh Biney, revealed this during an engagement with organized labor on August 11, 2026.
During the discussion with labor representatives, SSNIT provided an update on the pension scheme's performance and its future investment strategies. The Trust reported a 10 percent return on investments in 2025 and has already paid out 4.4 billion cedis in benefits as of June 2026, meeting its obligations to pensioners and beneficiaries.
Biney emphasized that the trust will intensify its focus on financial investments due to their high returns. While the real estate sector provides some benefits as a social good, its current returns have not matched those from other investment areas. The Secretary General of the Trades Union Congress (TUC), Joshua Ansah, appreciated the Trust's performance but urged SSNIT to broaden its investment portfolio to generate even higher returns for contributors.
This meeting is part of SSNIT's ongoing efforts to enhance transparency and keep stakeholders informed about the pension scheme's performance and sustainability.
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