Ghana: SSNIT minimum contribution
In line with Section 113 (1) (a) of the Labour Act, 2003 (Act 651), the National Tripartite Committee (NTC) concluded negotiations on the determination of the 2023 National Daily Minimum Wage. As of 01 January 2023, the new National Daily Minimum Wage will be GH¢14.88.
As per section 3 of the National Pensions Act, 2008 the minimum social security contribution is eighteen and half per centum of the approved monthly equivalent of the national daily minimum wage.
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