Guides
The National Pensions Act, 2008 (Act 766) is Ghana’s primary pension reform law. It replaced the old social security structure with a three-tier contributory pension scheme designed to improve retirement income security, expand coverage, and ensure sustainability.
The Act was enacted to:
1. Establish a uniform, contributory pension system
2. Ensure retirement income security for workers
3. Promote national savings and long-term investment
4. Strengthen regulation and supervision of pension funds
5. Expand pension coverage beyond formal public sector workers
