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Ghana: Increase in SSNIT Maximum insurable earnings

The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA), has increased the maximum insurable earning for 2024 from GHS 42,000.00 to GHS 52, 000.00 effective 1 January 2024.

This means that from 1 January 2024, the maximum contributions payable to SSNIT will be GHS 7,020.00 and GHS 66.16 for the minimum.

Take note: Our Sage development teams are currently reviewing these changes, and more information will be shared on the Community Hub.