The Social Security and National Insurance Trust (SSNIT) has raised concerns over rumours alleging the depletion of its funds, emphasising that such misinformation has adversely impacted customer enrollment and contributions to the scheme.
Speaking on the issue as part of the Pensioners Engagement 2024 in Tamale, SSNIT’s Chief Actuary, Joseph Poku, described the rumours circulating on social media and other platforms as baseless and harmful.
He stressed that these claims undermine public trust and confidence in the institution.
Mr Poku further disclosed that the misinformation has led to a noticeable decline in contributions, registrations, and general interest in the scheme.
“It affected us badly, because like I said this scheme thrives on trust. People have to trust the scheme to bring their money to you. If you are going out there as SSNIT staff and you are going to tell people how rich and so lucrative the scheme is, the value proposition that the scheme has, is incomparable to any other in the country.
“If you are going out there to do so and sell, let people come and enjoy the benefits. So, if they should bring in their monies going round that in the next 12 years the scheme is going to collapse, nobody in his right senses will give their monies to you,” he stated.
