List Of Pension Funds In Ghana

A pension fund is a fund that accumulates capital to be paid out as a pension for employees when they retire at the end of their careers.

A pension fund represents an institutional investor and invests large pools of money into private and public companies. Pension funds are typically managed by companies (employers).

Below is the List Of Pension Funds In Ghana

SSNIT

Petra Trust

Axis Pensions Trust Limited

Enterprise Trustees Ghana

What is the three tier pension scheme in Ghana?

The Third-Tier is voluntary, fully funded by members, and a privately managed provident fund and personal pension scheme.

SSNIT pays only the monthly pension of the beneficiary and the Fund Managers who manage the Second Tier with the 5% contribution rates will pay the lump sum.

What are the types of pensions?

NPS. Regulated by Pension Fund Regulatory and Development Authority (PFRDA), the National Pension Scheme or NPS is a popular option if you want to receive a regular pension after retirement.

Pension Funds.

Annuity Plans.

Pension Plans with Life Cover.

What is an example of a pension?

A soldier’s pension, an old-age pension.

The definition of a pension is a regular payment made by an employer or the government, typically to provide retirees with income. 

Monthly payments your employer makes to you after you retire are an example of your pension.

A regular payment, not a fee, given to an artist, etc.