- SSNIT has raised the maximum insurable earnings from GHS 61,000 to GHS 69,000, effective January 1, 2026
- The adjustment is in line with the National Pensions Act, 2008 (Act 766) and aims to reflect current economic conditions
- Employers and contributors are advised to adjust pension contributions accordingly from 2026
The Social Security and National Insurance Trust (SSNIT) has announced an increase in the maximum insurable earnings for contributors, effective January 1, 2026.
In a public notice released on January 14, 2026, SSNIT, in collaboration with the National Pensions Regulatory Authority (NPRA), confirmed that the ceiling has been raised from GHS 61,000 to GHS 69,000. This adjustment significantly impacts employers and workers with higher incomes. The revision, SSNIT explained, aligns with Section 63(3) of the National Pensions Act, 2008 (Act 766), which requires periodic adjustments to pension contribution limits based on economic conditions.
As a result of the increase, the maximum annual contribution payable to SSNIT will rise to GHS 9,315 starting in 2026. This change will apply to contributors whose earnings meet or exceed the new insurable limit.
SSNIT has advised employers and affected members of the scheme to take note of the updated ceiling and ensure that the correct pension contributions are made from the effective date.
This adjustment is expected to boost long-term pension benefits for contributors while enhancing the financial inflows to the national pension scheme.
