National Social Security Fund Stories

Rising costs force 2,260 companies to exit as 138,000 enter market
Maureen Kinyanjui  |  Sep 23, 2025

According to the Business Registration Service (BRS), 2,260 firms applied to cease operations in the year ending June 2025, a 24.3 per cent increase f...

Kenya's voluntary NSSF contributions drop by 47 per cent to Sh1 billion
Lucy Mumbi  |  Sep 08, 2025

Data from the Retirement Benefits Authority (RBA) shows that members’ additional voluntary contributions fell by Sh906.7 million in 2024, declining to...

Pension savings soar as NSSF collections jump to Sh59 billion
Maureen Kinyanjui  |  Aug 28, 2025

Overall pension inflows across the country grew 29 per cent to Sh263.4 billion from Sh204.9 billion in 2023.

MCAs to pay NSSF Tier II contributions after senate rejects exemption
Maureen Kinyanjui  |  Aug 06, 2025

Initially introduced in the Senate in February last year by Majority Leader Aaron Cheruiyot, the Bill seeks to set up a new pension plan for MCAs whil...

KRA yet to refund Sh904.9 million to NSSF nearly 30 years later, Auditor General reveals
Lucy Mumbi  |  Jun 07, 2025

Auditor General Nancy Gathungu disclosed that the tax arrears stem from income tax payments made in 1996 and 1997, despite NSSF’s exemption from payin...

Auditor-General flags NSSF for mismanagement, risky deals and irregular spending
Maureen Kinyanjui  |  Jun 04, 2025

The audit for the financial year ending June 30, 2024, revealed that NSSF purchased government bonds worth Sh5 billion at a premium and later sold the...

CBK survey shows more Kenyans saving with NSSF to secure future in retirement
Maureen Kinyanjui  |  Dec 20, 2024

This growth is attributed to the full implementation of the NSSF Act, which was previously delayed due to a court injunction.This growth is attributed...

NSSF faces succession crisis with no employees under 30, majority above 50 years
Lucy Mumbi  |  May 20, 2024

The absence of younger workers poses a significant challenge for the institution grappling with a succession crisis.

Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.