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Government pays over GH¢4.40bn to SSNIT and for second-tier pension obligations

According to him, the payments would help protect workers’ pensions and demonstrated the government’s commitment to managing public money responsibly and meeting its obligations.

Government pays over GH¢4.40bn to SSNIT and for second-tier pension obligations

Dr. Cassiel Ato Forson, the Finance Minister, revealed that the government has disbursed over GH¢4.40 billion to the Social Security and National Insurance Trust (SSNIT) and for fulfilling Second-Tier Pension obligations. This substantial payment aims to safeguard workers' pensions and underscores the government's dedication to prudent management of public finances and meeting its commitments.

Dr. Forson emphasized, "Government has paid over GH¢4.40 billion to SSNIT and for Second-Tier Pension obligations. This helps protect workers' pensions and shows our commitment to managing public money responsibly and meeting our obligations." The disclosure of this significant payment follows a previous announcement by the Minister, detailing that the government had released a total of GH¢24.8 billion to various statutory funds since January 2026.

These timely and complete payouts were designated to support vital sectors such as education, healthcare, transportation infrastructure, and local development initiatives. The Finance Minister maintained that regular and complete transfers of funds are crucial to ensuring these entities have the necessary resources to continue providing essential services to the Ghanaian populace.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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