Social Security and National Insurance Trust
|This article is outdated. (July 2014)|
|Social Security and National Insurance Trust|
SSNIT headquarters in Koforidua, Ghana
|Jurisdiction||Republic of Ghana|
|Headquarters||Koforidua, Eastern Region, Ghana|
|Agency executives||Kwame Peprah, Chairman
Ernest Thompson, General Director
The SSNIT, or the Social Security and National Insurance Trust, is an important agency of the government of Ghana. The "job description" of the SSNIT, according to its website, is to administrate the National Pension Scheme. In so doing, the SSNIT owns major amounts of stock in Ghana's principal companies, and is an important part of Ghana's economy.
For example, SSNIT owns:
- 10% of Accra Brewery Company Limited; 
- 25% of Aluworks; 
- 30% of Ghana Commercial Bank; 
- 20% of HFC Bank;  and
- 20% of SG-SSB (SG Social Security Bank).
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