The maximum insurable wages for participants in SSNIT’s pension plan have been updated.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Social Security and National Insurance Trust (SSNIT) has revised the maximum insurable earnings for contributors under its pension scheme, with effect from January 1, 2026.

According to a public notice issued on January 14, 2026, SSNIT, in consultation with the National Pensions Regulatory Authority (NPRA), increased the ceiling from GHS 61,000 to GHS 69,000, marking a notable adjustment for employers and contributors within higher income brackets.

SSNIT explained that the revision is in accordance with Section 63(3) of the National Pensions Act, 2008 (Act 766), which requires periodic reviews of pension contribution thresholds to reflect prevailing economic conditions.

Source: newsthemegh.com