The Concerned SSNIT Pensioners Forum (CSPF) has dismissed the 10% increase in pensions for 2026 that the Social Security and National Insurance Trust (SSNIT) has announced, arguing that it is insufficient and fails to address the deteriorating living standards of pensioners, particularly those with low incomes.
According to the Forum, the rise is insufficient to shield retirees from escalating living expenses and does little to reduce poverty among retirees. To make up for the annual adjustments that have lagged behind inflation and the national minimum wage, the CSPF had suggested a minimum monthly pension of GH¢600 and an average increase of 15–20% to restore the real value of pensions.
Additionally, they challenge the inconsistencies in SSNIT’s public statements regarding minimum pension amounts and demand a precise definition of what a minimum pension in Ghana is.
The Forum highlights the fact that yearly percentage increases are worthless in the absence of a minimum guaranteed living pension, since many pensioners have trouble paying for basics such as food, medicine, and healthcare. To guarantee that retirees may live with dignity, they are advocating for a national minimum pension scheme and an immediate national conversation to create a viable minimum pension system.
