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SSNIT commits to growing assets to protect long-term sustainability

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SSNIT commits to growing assets to protect long-term sustainability

SSNIT commits to growing assets to protect long-term sustainability

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The Director-General of the Social Security and National Insurance Trust (SSNIT) Kwesi Afreh Biney has reaffirmed the Trust’s commitment to prudent investment and asset growth as the foundation for the long-term sustainability of Ghana’s pension scheme.

According to him, SSNIT’s total assets under management currently is about GH¢25 billion up from 2024’s GH¢20 billion, reflecting steady growth driven by continued investments and sound fund management.

“In 2024, the total asset under management was a little over 20 billion, the total asset under management today is 25 billion. So we will keep investing, we will keep growing this fund, we will keep building a sustainable fund that will ensure that the future of the Ghanaian worker is well protected,” the Director-General said.

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He explained that the Trust’s investment strategy is focused not only on increasing the value of the fund but also on ensuring that the assets are managed responsibly to guarantee long-term returns for contributors and pensioners.

The Director-General stressed that sustainability remains central to SSNIT’s operations, especially in the context of demographic changes, economic pressures and the growing number of contributors who will depend on the scheme in the future.

He noted that continuous investment growth is necessary to safeguard the ability of the scheme to meet its obligations, including the payment of pensions and benefits to retirees, both now and in the years ahead.

The assurance comes at a time when contributors are increasingly paying attention to how their funds are managed, and whether the scheme is being positioned to remain strong and resilient for future generations.

SSNIT says it will continue to pursue investment policies that balance growth with risk management, in order to protect the interests of contributors while strengthening the financial health of the pension fund.

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