The Social Security National Insurance Trust, SSNIT says it has retrieved one hundred and thirty-two million Ghana Cedis from 2,272 filed at the law Court within the first half of 2023.
The cases were related to employers who failed to honor statutory social security obligations on behalf of their employees.
The Director-General of SSNIT, Dr. John Ofori-Tenkorang made this known at the 4th edition of the Employers Breakfast Meeting held on the theme, “Providing Pension for All, the Role of Employers” in Accra.
He indicated that as at the end of 2022, there were eighty-three thousand seven hundred and seventy-three (83,773) active establishments on the SSNIT database with sixty-three thousand six hundred and sixty-seven (63,667) complying with social security obligations, representing a seventy six percent (76%) compliance rate.
He said resorting to prosecution to collect revenue was not the focus of SSNIT as the organization prioritized engagement with stakeholders to ensure that the benefit of the SSNIT scheme was well understood and accepted.
He urged Ghanaians to think of SSNIT as an income replacement scheme and not an investment scheme that would in the future about sixty percent (60%) of their income when they are no longer gainfully employed.