Tag Archives: SSNIT lump sum payment ends 2019

SSNIT lump sum payment ends 2019

Workers who turn 60 years from January 1, 2020 will no longer receive lump-sum payments from the Social Security and National Insurance Trust (SSNIT) under PNDC Law 247. Such contributors will now have to turn to the fund managers of their second-tier contribution for lump sums. However, the Director-General of SSNIT, Dr John Ofori-Tenkorang, who disclosed this at a breakfast ...

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