Social Security and National Insurance Trust

[1] The Trust was founded in 1972 according to NRCD 127, with the purpose of managing the National Social Security Scheme.

[1] This new system was put into action in January 2010, replacing all existing pension schemes in Ghana, including Cap 30.

[1] The Trust's vision is “to be the model for the administration of Social Protection Schemes in Africa and beyond” and its mission is “to provide income security for workers in Ghana through excellent business practices”.

[1] For example, the trust owns: From 1 January 2020 all workers who attain the age of 60 years would not receive the lump sum payment anymore as was stated in PNDC Law 247.

Additionally, individuals who previously worked in the formal sector and are now self-employed, regardless of their age, can reactivate their accounts to resume contributions or monthly premium payments, ensuring eligibility for a pension.