Director-General of the Social Security and National Insurance Trust (SSNIT), Kwesi Afreh Biney, has reassured Ghanaian workers that the pension fund remains strong, citing significant growth in assets and improved investment returns.
According to him, SSNIT recorded more than 25% year-on-year growth in assets under management in 2025, rising from GH¢20.4 billion in 2024 to over GH¢25 billion.
He added that the Trust’s real return on investments rebounded from a negative 4.2% in 2024 to a positive 8.03% in 2025.
“Clearly, our Trust is in a better place, and is growing strong and doing well, and we are confident of maintaining that growth trajectory,” Mr Biney said.
He was speaking at a regional forum organised by SSNIT in collaboration with the Trades Union Congress in Takoradi to educate workers on pension benefits, address misconceptions, and gather feedback to improve services.
The nationwide engagement, held under the theme “Empowered Unions, Secure Futures: Deepening Pension Literacy Across Ghana,” is aimed at boosting awareness of SSNIT’s operations and strengthening understanding of the Tier One Pension Scheme.
Mr Biney attributed the Trust’s performance to prudent asset management and improved accountability, noting that investments — including those on the stock exchange — appreciated by about GH¢2.5 billion in 2025.
“Dividends from the stock exchange alone were in excess of GH¢300 million, so we will continue to manage this Trust prudently to ensure that we build a sustainable SSNIT that will protect the Ghanaian worker,” he said.
On SSNIT’s hospitality assets, he assured that management had no plans to sell its hotels, but rather intended to expand its presence in the sector and improve profitability.
He also commended the government for consistently paying workers’ contributions from 2025 through January 2026, expressing confidence that the trend would continue.
Deputy Secretary-General of the Trades Union Congress, Kwabena Nyarko Otoo, praised the initiative, saying it had allowed workers to better understand their contributions and seek clarification on pension-related issues.
