SSNIT New Pension Scheme: Complete Details

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SSNIT New Pension Scheme

The new National Pension Scheme was instituted by the National Pensions Act, Act 766 which ensures that every Ghanaian worker receives retirement benefits as and when due.

SSNIT New Pension Scheme

The Act 766 which was passed on December 12th, 2008 mandated the establishment of a new contributory Three-Tier Pension Scheme with the National Pensions Regulatory Authority (NPRA) to oversee the efficient administration of the composite pension scheme

The New Pension Scheme was launched on 16th September, 2009 and its implementation started in January 2010.

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