Tier 2 Pension Scheme
Watch your retirement income grow.
₵3.5B+
Assets Under Management
1,800+
Companies
What is Tier 2?
The Tier 2 Pension Scheme is a mandatory, employer-sponsored pension arrangement under Ghana’s three-tier pension system. It is a defined contribution plan, where 5% of your basic salary is set aside and invested by a licensed trustee like us, ensuring your money grows steadily over time. Unlike Tier 1 (managed by SSNIT), Tier 2 is fully funded and privately managed, giving you greater security and transparency.
Purpose of Tier 2?
The goal of Tier 2 is simple: to provide you with a reliable retirement income that complements your Tier 1 benefits. It ensures that when you retire, you have access to a lump sum payment, empowering you to maintain financial independence and enjoy peace of mind after years of work.
The Tier 2 Experience
A guaranteed safety net for your retirement years.
Lump Sum
BenefitReceive a significant payout at
retirement to support your lifestyle and
long-term plans.
Employer & Employee
SecurityContributions are protected by law
and regulated by the National
Pensions Regulatory Authority (NPRA).
Transparent
RecordsTrack your funds and contributions
with clarity and ease.
Professional Fund
ManagementYour contributions are securely
invested to deliver sustainable growth.
Redemption Criteria
Early Retirement (55-59)
Submit an affidavit from from the Labor Department or any Commissioner of Oath.
Early Retirement (50-55)
Have the Labour Commission write to the NPRA to grant the premature redemption request.
Incapacitation
A medical report must be submitted to verify the condition.
Requirement for Death Redemptions
Step 1
Provide the deceased’s Death Certificate
Step 2
Provide letter from deceased persons’ employer confirming death
Step 3
Fill the Survivor’s benefit form provided
Note
If no beneficiaries are listed, a court-issued Letter of Administration is required.
