SSNIT Reports Robust Growth and Reassures Ghanaian Workers on Pension Security
The Social Security and National Insurance Trust (SSNIT) is experiencing a period of significant financial strength and growth, according to its Director-General, Mr. Kwesi Afreh Biney. He has issued a strong reassurance to Ghanaian workers, highlighting the Trust’s positive trajectory and commitment to securing their futures.
Mr. Biney revealed that SSNIT has achieved an impressive year-on-year growth of its assets under management, exceeding 25 per cent in 2025. This substantial increase saw the Trust’s assets swell to over GHC25 billion in 2025, a notable rise from the GHC20.4 billion recorded in 2024. Furthermore, the real return on investments has seen a dramatic turnaround, shifting from a negative growth of 4.2 per cent in 2024 to a healthy positive growth of 8.03 per cent in 2025.
“Clearly, our Trust is in a better place, and is growing strong and doing well, and we are confident of maintaining that growth trajectory,” Mr. Biney stated confidently.
These encouraging pronouncements were made during a regional forum organised in Takoradi, a collaborative effort between SSNIT and the Trades Union Congress (TUC Ghana). The forum’s primary objective was to engage with workers, providing them with essential information about their pension benefits, dispelling common misconceptions, and crucially, gathering valuable feedback to enhance SSNIT’s service delivery.
This nationwide engagement initiative is designed to elevate awareness surrounding SSNIT’s operations. By fostering a deeper understanding of the Tier One Pension Scheme, the Trust aims to sustain and strengthen members’ interest and confidence in their retirement planning. The forum itself was held under the impactful theme: “Empowered Unions, Secure Futures: Deepening Pension Literacy Across Ghana.”
Pillars of SSNIT’s Success
Mr. Biney attributed the Trust’s recent successes to a steadfast commitment to improved accountability and the prudent management of its assets. He detailed how a significant portion of SSNIT’s investments, including those within the volatile stock exchange, experienced substantial appreciation, contributing GHC2.5 billion in value during 2025.
“Dividends for the stock exchange alone were in excess of GHC300 million,” he elaborated. “So, we will continue to manage this Trust prudently to ensure that we build a sustainable SSNIT that will protect the Ghanaian workers.”
Strategic Investments and Future Outlook
In a move to address concerns about SSNIT’s holdings in the hospitality sector, Mr. Biney provided a clear assurance that the management has no intention of divesting any of its hotels. Instead, the focus is on deepening the Trust’s influence within the industry and strategically enhancing profitability. This indicates a long-term vision for these assets, aimed at generating sustained returns for pension beneficiaries.
Adding to the positive financial outlook, Mr. Biney extended his appreciation to the government for its consistent remittance of employee contributions to the Trust. He noted that this consistent payment from 2025 through to January 2026 has instilled confidence, and the Trust anticipates this positive trend to continue uninterrupted.
A Collaborative Approach to Pension Awareness
The Deputy Secretary General of TUC Ghana, Dr. Kwabena Nyarko Otoo, commended SSNIT for organising the forum. He highlighted the importance of such engagements, stating that they provide a vital platform for members to seek direct clarification on their contributions and pension entitlements. The collaborative spirit between SSNIT and TUC Ghana underscores a shared commitment to ensuring that Ghanaian workers are well-informed and secure in their retirement planning. The ongoing forums across the country are expected to play a pivotal role in demystifying pension schemes and empowering workers with the knowledge they need for a secure future.
