The Social Security and National Insurance Trust (SSNIT) has reaffirmed its commitment to strengthening its investment portfolio to ensure long-term sustainability of pensions while contributing to Ghana’s economic growth.
Mr. Kwesi Afreh Biney, Director-General of SSNIT, said the Trust would continue to deepen its diversified investment strategy, with a focus on sectors such as energy, hospitality and other key areas of the economy.
He made the remarks in Accra during the announcement of the 2026 pension indexation.
Mr. Biney disclosed that the 10 percent increase in pensions for 2026 would result in an additional cost of GHS616.6 million to the Scheme.
However, he expressed confidence that SSNIT’s diversified, high-performing investment portfolio would provide the necessary financial buffer to absorb the added expenditure.
“As the largest single institutional investor on the Ghana Stock Exchange, SSNIT has built a robust investment base across several sectors,” he said, noting that the Trust has stakes in finance, real estate, agriculture, manufacturing, services, and healthcare, including hospitals and clinics.
“Out of the 33 companies listed on the Stock Exchange, we have investments in 22. We also have strong interests in energy, hospitality and other strategic sectors, and these investments have consistently paid dividends,” Mr. Biney added.
Responding to questions from the Ghana News Agency, he said SSNIT’s total assets under management had grown steadily, reaching GHS25 billion in 2025.
He explained that portfolio diversification was central to the Trust’s strategy to shield pensioners from inflationary pressures while maintaining fund solvency.
“By diversifying our investments, SSNIT is not only safeguarding pensioners’ incomes but also supporting national development by channelling funds into sectors that create jobs and stimulate economic growth,” he said.
Mr. Biney indicated that with projections for further expansion in 2026, the Trust would continue to invest prudently to build a sustainable fund capable of securing both the future of pensioners and the broader economy.
He also announced plans to intensify membership campaigns in 2026, targeting about 200,000 additional active contributors to expand the contributor base and strengthen contribution inflows.
SSNIT currently has more than 2.1 million active contributors and about 261,000 pensioners, underscoring its central role in Ghana’s social protection system.
As part of the 2026 indexation, the Trust has increased the minimum monthly pension for new pensioners from GHS300 to GHS400.
Under the 10 percent indexation, pensioners on the minimum pension of GHS300 will receive GHS409.56 per month due to the redistribution mechanism. The highest-earning pensioner will receive GHS213,991.47, up from GHS201,792.37.
Mrs. Evelyn Adjei, Chief Actuary of SSNIT, said the 2026 pension indexation was designed to prioritise low-income pensioners while ensuring prudent adjustments across the Scheme.
“The 2026 indexation focuses on cushioning low-income pensioners and strengthening the minimum pension floor, while maintaining responsible pension adjustments,” she said.
She explained that about 70 percent of the Trust’s 261,920 pensioners as of December 2025 would benefit from the full 10 percent increase, while others would receive varying percentage increments.
“This approach ensures the long-term preservation of the pension fund, so that when contributors retire, SSNIT can continue to deliver on its promise,” Mrs. Adjei added.
