SSNIT sets 2026 pension indexation at 10%, raises minimum pension to GH¢400

Minimum monthly pensions raised to GHS400 as SSNIT approves 2026 indexation

Minimum monthly pensions under the Social Security and National Insurance Trust (SSNIT) have been increased to GHS400 following the approval of a 10 percent pension indexation for 2026. The decision is aimed at cushioning low-income pensioners and strengthening the pension floor. Under the new arrangement, pensioners who were previously receiving the minimum pension of GHS300 will now earn GHS409.56 per month, representing a 36.52 percent increa…

SSNIT sets 2026 pension indexation at 10%, raises minimum pension to GH¢400

The Social Security and National Insurance Trust has approved a 10 percent pension indexation for 2026, lifting the minimum monthly pension and skewing gains toward low-income retirees as it seeks to balance social protection with the long-term sustainability of the fund. The decision, taken in consultation with the National Pensions Regulatory Authority and in line with the National Pensions Act, raises the minimum monthly pension for new retir…