Mr Kwesi Afreh Biney, Director-General of the Social Security and National Insurance Trust (SSNIT), has disclosed that the pension scheme recorded a total asset value and investments of more than GH₵25 billion at the end of 2025.
He said the figure represents an increase from the GH₵20.4 billion recorded at the end of 2024, reflecting improved performance of many SSNIT investments and ongoing efforts to strengthen accountability and strategies to improve underperforming assets.
Mr Biney made the disclosure during a stakeholder forum organised by SSNIT in partnership with the Trades Union Congress (TUC) in Wa on Monday to educate and sensitise workers on the importance of pension contributions.
The forum formed part of a nationwide campaign aimed at informing members of organised labour about SSNIT’s operations and obtaining feedback from them as key stakeholders of the scheme to guide future reforms.
Mr Biney said many of the Trust’s investments were performing well, which contributed to the growth in the asset base from GH₵20.4 billion in 2024 to over GH₵25 billion by the end of 2025.
He cited examples of improved performance in some SSNIT-owned businesses. According to him, Labadi Beach Hotel generated a profit of about GH₵77 million in 2025.
He added that La Palm Royal Beach Hotel, which previously recorded losses, posted an audited profit of GH₵1.7 million in 2025.
Mr Biney said SSNIT was focusing on improving service delivery, accessibility and convenience for contributors and pensioners through the revitalisation of its digital channels and the establishment of virtual branches.
He mentioned that the Trust had also introduced a co-location strategy that allowed SSNIT to operate within selected banking halls to extend its services to areas where it did not have physical offices.
He explained that the strategy was intended to make SSNIT services more accessible and convenient for contributors and pensioners across the country.
Mr Biney said the digital platforms and virtual branch provided contributors with the opportunity to interact with the Trust at any time and from any location.
He encouraged members of organised labour in both the public and private sectors to contribute actively to the scheme, describing SSNIT as a collective national asset designed to secure the future of Ghanaian workers.
Mr Joshua Ansah, Secretary-General of the Trades Union Congress, said the forum provided an important platform for advocacy and education on the benefits of the SSNIT pension scheme and the need for every worker in Ghana to contribute.
He urged workers in both the formal and informal sectors to enrol in the SSNIT scheme and contribute regularly to secure their future.
Mr Ansah emphasised that pension contributions were essential for ensuring financial security and dignity after retirement.
He advised workers to prioritise pension savings while they were still actively employed, noting that belonging to the SSNIT scheme was one of the ways to guarantee financial security in the future.
