Kwesi Afreh Biney, the Director-General (D-G) of the Social Security and National Insurance Trust (SSNIT), has reassured Ghanaian workers that SSNIT is strong and doing well with more than 25 per cent year-on-year growth of its assets under management in 2025.
According to him, the Trust’s assets under management grew in excess of GHC25 billion in 2025, up from a total of GHC20.4 billion in 2024, with real return of investments also moving up from negative 4.2 per cent in 2024 to a positive growth of 8.03 per cent in 2025.
He said: “Clearly, our Trust is in a better place, and is growing strong and doing well, and we are confident of maintaining that growth trajectory.”
Mr Biney said this when SSNIT in collaboration with the Trades Union Congress (TUC Ghana) organised a regional forum, in Takoradi, to sensitise workers on pensions benefits, address misconceptions, and gather feedback to improve upon the services of the Trust.
The engagement, being carried out across the country, sought to increase awareness about the SSNIT’s operations to help sustain members’ interest, while also deepening their understanding of the Tier One Pension Scheme.
It was held under the theme: “Empowered Unions, Secure Futures: Deepening Pension Literacy Across Ghana.”
Mr Biney attributed SSNIT’s success to improved accountability and prudent management of assets, noting that most of its investments including those on the stock exchange appreciated by GHC2.5 billion in 2025.
He said dividends for the stock exchange alone were in excess of GHC300 million, “so, we will continue to manage this Trust prudently to ensure that we build a sustainable SSNIT that will protect the Ghanaian workers.”
Touching on SSNIT’s assets in the hospitality industry, he gave the assurance that management would not sell any of their hotels as plans were underway to deepen their influence in the industry and increase their profitability.
Mr Biney also lauded the government for the consistency in paying employees’ contributions to the Trust from 2025 to January 2026, adding that they were confident it would continue that trajectory.
Dr Kwabena Nyarko Otoo, the Deputy Secretary General, TUC, praised the SSNIT for the engagement, and said it had provided an opportunity for members to seek clarity on their contributions.
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