The management of the Social Security and National Insurance Trust has revealed that 70,000 people are currently before the courts for nonpayment of contributions.
Acting Public Affairs Manager, Charles Akwei Garshong, said this forms part of efforts to scale up the collection of contributions .
For now, we have enough reserves to pay accrued benefits and pensions that are due. It is true that we need to register more, and it is also true that we need to collect more, so management has put in enough measures.
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“We are actually working very hard to register more people and we are collecting the contributions that are in arrears. As of September we have closed to 7000cases in court , people there are being prosecuted for nonpayment of contributions,” he told TV3 in an interview.
The management of SSNIT recently announced an adjustment of the 2022 pension. Per the adjustment, pensioners are expected to receive 10% increment.
SSNIT said in its Indexation of Pensions 2022 report that on Tuesday January 11 that “Lowest earning pensioners will get an indexation rate of 10.83%.” Indexations-2022-presentation-Final-2Download
All pensioners would receive an increase, equal to or above the targeted inflation rate for 2022, the Trust added
The projected expenditure on pensions for 2022 is GH3.5 billion.
“Management of the Trust will continue to work hard to guarantee positive annual indexation for pensioners bearing in mind the long term sustainability of the Scheme,” SSNIT said.
“The Trust remains committed to paying all legitimate benefits accurately and timeously,” it added.
SOURCE: Laud Nartey|3news.com|Ghana
