Ghana’s highest pension earner takes home about GH¢51,000 every month, the Director General of the Social Security and National Insurance Trust (SSNIT) has disclosed.
“He contributed for so long so he earned the full pension right,” Dr John Ofori-Tenkorang stated on Thursday, November 29, when he met a cross-section of journalists in Accra.
He was responding to a question on pension discrepancies vis-à-vis salaries earned during active service.
Dr Ofori-Tenkorang indicated that the pension paid monthly is regulated by an act of Parliament, which also determines the end-of-service earnings for contributors.
“I as DG cannot change what is legitimately due [a pensioner] arbitrarily.”
He, therefore, cited that the highest earner in their records currently takes home GH¢51,000 every month.
“[But] that is on the extreme,” he stated, nonetheless.
The SSNIT Director General revealed that some are supposed to earn as low as GH¢100 but, again, the legislation does not allow those persons to be given that simply because the lowest pension is pegged with the minimum wage.
“So you get what you put in, in a sense.”