By Ashiadey Dotse
Finance Minister Dr. Cassiel Ato Baah Forson has issued a strong warning to the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT), urging them not to sell state-owned assets to politicians.
Speaking at the official inauguration ceremony held on Tuesday, June 3, 2025, Dr. Forson emphasized the importance of protecting public assets and managing Ghana’s pension funds with transparency and integrity.
“Please do not sell state assets to politicians. The President will not accept it—and as your sector Minister, I will be the first to oppose it,” he stated firmly.
The Minister expressed concern over some past SSNIT investment decisions and called on the new board to learn from those mistakes. He encouraged the board to diversify SSNIT’s investment portfolio to secure better returns for pensioners.
Dr. Forson reassured the public that the government is fully up to date on all payments due to SSNIT and remains committed to meeting its financial obligations to the Fund.
Congratulating the new Board Chair, Nana Ansah Sasraku III, and other members, Dr. Forson said:
“The task ahead is enormous, but I am confident in your resolve to manage Ghana’s pension assets with discipline and care.”
SSNIT plays a vital role in ensuring the financial security of Ghanaian workers after retirement, and the new board is expected to steer the institution towards greater accountability and sustainability.
