Finance Minister Dr Cassiel Ato Forson has disclosed that the government has disbursed more than GH¢4.40 billion to the Social Security and National Insurance Trust, known as SSNIT, and towards meeting its obligations under the Second Tier Pension Scheme.
The Minister explained that the payments were intended to safeguard workers’ retirement benefits while demonstrating the government’s determination to manage public funds prudently and honour its financial commitments.
According to Dr Forson, the transfer of more than GH¢4.40 billion represents an important step towards fulfilling the state’s pension responsibilities and protecting the financial interests of employees who depend on these arrangements for their future security.
He emphasised that settling the outstanding obligations would help strengthen confidence in the pension system and reaffirm the government’s commitment to responsible public financial management.
The announcement follows an earlier disclosure by the Finance Minister that the government had released GH¢24.8 billion to statutory funds since January 2026.
Those disbursements were reportedly made fully and on schedule to support critical sectors, including education, healthcare, road infrastructure and development initiatives at the local level.
Dr Forson explained that the timely transfer of funds was essential to ensuring that the institutions responsible for delivering public services had the financial resources required to perform their duties effectively.
He noted that statutory funds play a significant role in financing programmes and projects that directly affect the welfare of citizens, making the regular release of their allocated resources important to national development.
The latest pension payment announcement therefore adds to the government’s reported disbursements towards its statutory financial commitments, with pension security and the continued funding of essential public services remaining central to the stated objectives.
For workers approaching retirement and those already contributing towards their future pensions, the settlement of these obligations remains an important concern because the reliability of pension arrangements can influence financial security in later life.
The government’s ability to meet its pension commitments and maintain timely transfers to statutory funds will consequently remain an important measure of its public financial management and its capacity to fulfil obligations to workers and institutions across the country.
