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SSNIT Responds To TUC Calls For Increase in Pension Benefits

Social Security and National Insurance Trust (SSNIT) has embarked on a Regional Stakeholder engagement to educate stakeholders today  about the SSNIT Pension  Scheme.

This follows the recent calls by the TUC for an increase in workers pension benefit due to increase in cost of living in the country.

Speaking in a stakeholders Conference at the  SSNIT Auditorium, Deputy Secretary General  Joshua Ansah of TUC raised series of concerns for the SSNIT’s leadership to address.

Addressing the concerns of the TUC, Dr. John Ofori Tekorang  explained that workers retirement benefit is calculated based on their SSNIT contributions, therefore the higher you earn the higher your retirement benefit.

He further assured that factoring of cost of living into the pension Scheme  has been a normal practice  every year therefore stakeholders should be rest assured that the current cost of living would be considered.

Story by: MAtilda Youpele

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