The Social Security and National Insurance Trust (SSNIT) has launched a new product called the Member Value Programme (MVP) to enhance its services for members.
The product, which was launched in Accra on Wednesday, July 8, 2026 is a partnership drive between SSNIT and Ecobank Ghana PLC.
The MVP introduces a free co-branded Visa card that enables SSNIT contributors and pensioners to access digital healthcare services. They would also enjoy discounts from partner businesses and make secure cashless payments locally and internationally with no visible or hidden cost.
Addressing the gathering at the launch, the Director-General of SSNIT, Mr Kwesi Afreh Biney, noted that “The MVP is about a simple idea – if workers entrust SSNIT with their future security, then their membership should also feel valuable in the present.”
According to him, the programme forms part of a broader transformation in how SSNIT sees its role and how it intends to serve the people of Ghana. The D-G in his address indicated that the initiative marked a shift in the everyday role of pension schemes, adding that contributors today yearn for institutions that are available during their working days, remained relevant and practical solutions.
Members of SSNIT, he told journalists in an interview, are to visit any branch of SSNIT or Ecobank, register for the visa card for free, load the money on the card and enjoy the services from their partnered businesses.
INFORMAL
Acknowledging that about 80 per cent of Ghana’s workforce is employed in the informal sector, Mr Biney opined that the initiative would make social security more attractive, accessible and relevant. This, he said, reaffirmed SSNIT’s commitment to innovation, improved service delivery and expanding pension coverage across the country.
He thus urged workers, particularly those in the informal sector, to enrol in the pension scheme, saying the Trust was introducing innovative initiatives to make membership more rewarding.
In a speech read on his behalf by the Deputy Minister for Finance, Thomas Ampem Darko, the Minister for Finance, Dr Cassiel Ato Forson, commended SSNIT and Ecobank for the initiative, which he described as innovative.
The minister urged more businesses to partner with the programme to expand its benefits and encouraged contributors and pensioners to take advantage of the initiative.
The deputy minister, on his own, also commended SSNIT for taking that step and urged other state-owned enterprises to emulate such innovations to be more viable.
REVIEW
Dr Forson said President John Dramani Mahama had directed a comprehensive review of the country’s pension system.
He explained that the review was to improve adequacy, sustainability, coverage and value, particularly for workers in the informal sector.
He remarked that Ghana’s improving macroeconomic indicators, including declining inflation, renewed investor confidence and steady economic growth, had created a favourable environment for strengthening the pension system and protecting contributors’ savings.
He noted that a strong pension system was essential for mobilising domestic savings, financing investment and promoting national development, stressing that economic stability and pension sustainability were closely linked.
In her remarks, the Managing Director of Ecobank, Mrs Abena Osei-Poku, stated that the bank’s collaboration with SSNIT underscored its commitment to financial inclusion.
Mrs Osei-Poku said the collaboration with Trust showed how institutions could leverage innovation to improve the financial well-being of Ghanaians.
