Finance

SSNIT retrieves GH¢154m from unwilling employers in first half of 2023

According to Dr. Ofori-Tenkorang, available data and projections show that the Trust is on track to meeting its targets by the end of the year.

Speaking to the media on the sidelines of the 2023 SSNIT Employers Breakfast Meeting in Koforidua, Dr. John Ofori-Tenkorang mentioned that SSNIT is expanding its operations to cover people in the informal sector.

“Our goal and objective is to ensure that we do not miss any pension payments to people who rely on us as their only source of income for their livelihood. We want to expand, and that is why we are going out there to do the tough work and convince the self-employed to join SSNIT” he stated.

Additionally he said they want the self-employed to know that SSNIT is a better retirement plan to join if they want to ensure a better and more comfortable retirement.

“The highest-paid SSNIT pensioner was a self-employed person who was not an employee of anyone and used to earn GH¢100,000 a month” he revealed.

He urged employers to be diligent in paying their employees’ SSNIT contributions to avoid prosecution, which he said is often the Trust’s last resort.

“The SSNIT law states that it is the employer’s obligation to ensure that SSNIT payments are remitted to SSNIT. If employers do this diligently, then we would not have to send compliance officers after them. However, due to some misunderstanding or sheer devilishness, some employers fail to remit their contributions to SSNIT.”

He concluded that if after repeated reminders, reluctant employers still do not make contributions, then they would have no choice but to take them to court.

“Some of these prosecutions have led us to retrieve GH¢154 million in the first half of the year” he added.

 

Source: happyghana.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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