Gospel Musician, Magnus explains the importance of saving with SSNIT

MAGNUS, the talented Ghanaian Gospel Singer, has counseled musicians in the Creative Arts Industry and Ghanaians in general to patronize the services of SSNIT, which guarantees them a secured future and pensions.

Speaking in an exclusive interview on CTV’s ‘The Showbiz Show’ with celebrity host, Kojo Preko Dankwa, the corporate singer, enlightened viewers and Ghanaians on the need for musicians to attach much importance to their employer-employee relations and how to benefit from their pensions during old age.

According to the ‘Bo me Nantew’ hitmaker, who also doubles as a staff of Social Security and National Insurance Trust – SSNIT, the benefits of social security contributions for future eventualities especially during their pensions must be taken seriously by musicians as well as other industry players.

He further explained that social security contributions are deducted from basic salaries and not gross, and therefore cautioned workers to always ensure that, their contributions are deducted in accordance with their contracted basic salaries. They must also ensure that employers deduct only 5.5% of their basic salaries.