Actuarial valuation of the Social Security and National Insurance Trust schemes at 31 December 2017

The conduct of the actuarial valuation of the SSNIT schemes as at 31 December 2017 aims at improving the design and the governance of the SSNIT by securing the schemes’ long-term financial sustainability, assessing the adequacy of the schemes to provide for a decent income at retirement, proposing reform options based on the findings, and building actuarial and statistical capacity for its actuarial staff to support future actuarial valuations and social security reforms.

Project symbol

GHA/19/01/GHA

Admin unit

SOCPRO

Start date

17/07/2019

End date

31/01/2021

Total allocation

143167

Total expenditure

Status

Closed

143167

Development Partners

Ghana, Social Security and National Insurance Trust

Country/Countries

Ghana

Outcomes

Outcome 8: Comprehensive and sustainable social protection for all