Finance Minister Dr. Cassiel Ato Baah Forson has issued a stern warning to the newly inaugurated Board of Trustees of the Social Security and National Insurance Trust (SSNIT), advising them against selling state assets to politicians.
At the official inauguration ceremony, 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,” he cautioned. “The President will not accept it—and as your sector Minister, I will be the first to oppose it.”
The Minister expressed concerns over past SSNIT investment decisions and urged 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 assured the public that the government is up to date on all payments due to SSNIT and remains committed to meeting its financial obligations to the Fund.
He congratulated the new Board Chair, Nana Ansah Sasraku III, and other members, saying, “The task ahead is enormous, but I am confident in your resolve to manage Ghana’s pension assets with discipline and care.”
As SSNIT plays a vital role in ensuring the financial security of Ghanaian workers after retirement, the new board is expected to prioritize accountability and sustainability in managing the institution.