SSNIT guarantees its members financial stability and refutes claims of depleting funds.
SSNIT has given assurances to the public and its members that reserves are not used to finance pension payments and that it currently has enough money to pay accruing benefits.
SSNIT stressed in a statement on April 26, 2024, that the trust runs a partially funded program in which member contributions and investment returns support pension payments.
It made clear that efforts to enroll new companies and contributors, along with the growth in contributions supported by current demographic patterns, have guaranteed a consistent increase in funds.
SSNIT also emphasized the strong performance of its investment income, emphasizing that any unanticipated shortfalls may be compensated for by the solid returns on investments.
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