Elizabeth Ohene appointed SSNIT board chair

Journalist, politician and former Minister of State in the John Kufuor administration Elizabeth Akua Ohene has been appointed the chairperson of the board of directors of the Social Security and National Insurance Trust (SSNIT).

Ms Ohene, during the first term administration of President Akufo-Addo, served as a speechwriter, contributing a great deal to most of the major speeches delivered by the President in the course of his Presidency.

The Work

Ms Elizabeth Ohene, who also once served as the government spokesperson in President Kufuor’s Administration and described as courageous and brave by ace journalist Kwaku Addo Sakyi-Addo in a recent post, is expected to partner the management of SSNIT to pursue the vision of the Trust which is to be the model for the administration of Social Protection Schemes in Africa and beyond”, which would eventually lead to the provision of income security for workers in Ghana through excellent business practices”

How to improve the core function of SSNIT which are to register employers and workers, collect contributions, manage records on members, invest the funds of the Scheme and process and pay benefits to eligible members and nominated dependants, would also certainly engage the efforts of the board chair and the management team of SSNIT.

The Trust

SSNIT was established in 1972 under NRCD 127 to administer the National Social Security Scheme. Prior to 1972, the Scheme was administered jointly by the then Department of Pensions and the State Insurance Corporation.

The Trust administered the Social Security Scheme as a Provident Fund Scheme until 1991 when it was converted to a Social Insurance Pension Scheme then governed by the PNDC law 247.

The scheme in Ghana was reformed by an Act of Parliament, Act 766 of 2008 and was implemented in January 2010 to replace all pension schemes in Ghana including Cap 30. In 2014, the National Pensions (Amendment) Act 883 was passed to amend portions of Act 766.

Source: 3news.com