The Director-General of the Social Security and National Insurance Trust (SSNIT) Kwesi Afreh Biney, says the 2026 pension indexation has been structured to more than compensate for inflation, which stood at 5.4 percent as at December 2025.
Speaking at a press conference in Accra, the Director-General explained that the pension adjustments ensure that all pensioners are protected against rising cost of living, with even those on the highest pension bands receiving increases above inflation.
He said pensioners on lower income bands are the biggest beneficiaries under the new structure, with effective increases of up to 36 percent.
According to him, more than 70 percent of pensioners will enjoy real growth of over 5 percent after inflation is taken into account.
“This reflects our commitment to equity, fairness and respect for pensioners, especially those on lower incomes,” the Director-General said.
He added that the indexation approach balances the need to protect pensioners’ purchasing power with the long-term sustainability of the pension scheme.
SSNIT has announced an overall indexation rate of 10 percent for 2026, applied through a redistribution model that favours low-income pensioners while ensuring that the scheme remains financially stable.
