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President Akufo Addo says the strong financial performance posted by the Social Security and National Insurance Trust (SSNIT) in its 2023 financial report should put to rest agitations over the Trust's decision to sell off some non-performing assets.

This comes after the Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa in partnership with Organised Labour staged a protest against the institution in June.

Among other things, the group had called for the immediate dissolution of the Board of the Social Security and National Insurance Trust (SSNIT) and the resignation of top management members over the decision to sale off 60% of SSNIT's stake in some hotels.

But commenting on the matter at the 12 Quadrennial National Delegates Congress of the Trades Union Congress on August 20, the President said contrary to arguments that SSNIT is not being properly managed, the pension scheme continues to record significant gains.

"Active contributors to the SSNIT scheme have increased from 1.35 million in 2016 to 2 million as of April 2024. The National Pensions Regulatory Authority has expanded its zonal offices from 2 in 2016 to 6 thereby enhancing visibility and bringing its services closer to the people.

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