The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 12% for the year 2025.
This decision, made in consultation with the National Pensions Regulatory Authority (NPRA), aligns with Section 80 of the National Pensions Act, 2008 (Act 766).
The 12% increase will be applied to all pensioners on the SSNIT payroll as of December 31, 2024.
It comprises a fixed rate of 8% and a flat amount of GH¢72.58.