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Insurance
SSNIT pays more than GH¢3.3b last year
The Social Security and National Insurance Trust (SSNIT) last year paid GH¢3.3 billion as benefits to more than 250,000 of its members and their survivors.
This was made up of more than GH¢2.9 billion to some 227,000 old age pensioners,…
CLOGSAG calls for return of transferred pension funds
The Civil and Local Government Staff Association, Ghana (CLOGSAG) has called for the Public Services Workers and Employee’s Pension Scheme (PSWEPS) to be scrapped and pensions funds transferred into the scheme reverted.
The Association…
Insurance companies rescue Nyankumasi Ahenkro Rural Bank
The intervention of two Insurance Companies, following an armed robbery attack in 2019, saved the Nyankumasi Ahenkro Rural Bank from collapse.
The Companies, Star Assurance and Enterprise Insurance, insurers of the bank, cushioned it…
State to refile witness statements in SSNIT OBS Project scandal
The Director of Public Prosecution, Mrs Yvonne Atakorah Obuobisa, has prayed an Accra High Court for some days to refile witness statements in the SSNIT $66 million Operational Business Suit (OBS) project case.
She said: "In view of the…
NHIA pays more than GH¢290m claims in 2021
The National Health Insurance Authority (NHIA) says it has paid a grand total of GH¢290,890,982.00 to its service providers in 2021 alone between January 1 to April 27, with public healthcare facilities receiving the most.
The public…
Pension issues must be handled by Labour Ministry, not Finance – CLOGSAG
The Civil and Local Government Staff Association, Ghana (CLOGSAG), says the Ministry of Employment and Labour Relations is the legitimate body to handle pension issues and not the Ministry of Finance.
The Association said it had realised…
State files fresh charges against Ernest Thompson, four others
The State has filed fresh charges against Ernest Thompson, former Director-General of the Social Security and National Insurance Trust (SSNIT) and four others, when they appeared before an Accra High Court on Thursday.
The fresh…
Insurance industry pays GH¢196m corporate tax in 2019
The Insurance industry paid GH¢196 million corporate tax to the government in 2019, Madam Justina Owusu-Banahene, the Bono Regional Minister announced on Wednesday.
The industry provides direct employment and livelihood to more than…
All is set for NPRA College— CEO
Mr Hayford Attah Krufi, Chief Executive Officer, National Pensions Regulatory Authority (NPRA), says, the Authority’s Pensions College will commence programmes in April, 2021 to address the knowledge gap in the industry.
Speaking at…
Completing declaration forms will not affect past credits – SSNIT
The Management of Social Security and National Insurance Trust (SSNIT) says the completion of pension declaration forms has nothing to do with the payment of Past Credit.
It assured all contributors and pensioners that SSNIT would at all…