Basic National Social Security Scheme Regulations, 2011 (L.I. 1989)

Regulation 30 (1) Where a child is nominated with a higher portion of the survivors benefit, the Trust shall distribute the survivor's lump sum based on the higher and more beneficial portion in favour of the child. (2) In other cases, the Trust shall ensure that a child's portion of a survivor's lump sum payment is distributed or paid to ensure that the best interest of the child is protected. (3) Where a member has satisfied the minimum contribution period of one hundred and eighty months or more before the death of the member, the survivors lump sum shall be computed on the present value of the members pension for a period of fifteen years using the ninety-one days treasury bill rate or other rates that may be determined by the Trust in consultation with the Authority. (4) The treasury bill rate referred to in sections 72 and 78 (1) and (2) of the Act shall be the prevailing ninety-one days rate or any other rate determined by the Trust in consultation with the Authority.

Procedures to Follow




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Responsible Institution

Social Security and National Insurance Trust

Ghana
Email:sslegon@ssnit.org.gh
Website:www.ssnit.org.gh

Relevant Forms to Download

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Fees / Charges




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