The Social Security and National Insurance Trust (SSNIT) increased pension benefits in 2025, raising the minimum monthly pension by more than 32 percent while paying out GH¢7.6 billion in benefits to retirees, the National Pensions Regulatory Authority (NPRA) has disclosed in its 2025 Annual Report.
According to the report, the minimum monthly pension increased from GH¢300 to GH¢396.58 following an average pension increment of 12 percent effective January 2025. The average monthly pension also rose from GH¢1,776.81 to GH¢1,990.03.
The NPRA said SSNIT paid GH¢7.6 billion in pension benefits during the year, while contributions received rose to GH¢9.7 billion. The scheme ended the year with 2.14 million active contributors, 261,928 pensioners, total assets of GH¢30.6 billion, and a nominal investment return of 23.8 percent.