NSSF Stories

NSSF set to launch mobile enrollment system to enhance social security access
Maureen Kinyanjui  |  Jan 17, 2025

A key component is a new mobile-based enrollment system that will allow individuals in remote and underserved areas to easily register and contribute...

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...

Treasury targets pension tax relief with new payment structure
Lucy Mumbi  |  Nov 03, 2024

The proposals suggest raising the monthly deductible pension contributions from Sh20,000 to Sh30,000.

Refugees in Kenya now to access NSSF’s Haba Haba savings plan
Issa Hussein  |  Oct 30, 2024

The launch of the new initiative for the refugees comes after the ILO conducted research on the NSSF Haba Haba product.

Crisis in Kenya's pension sector as Sh95 billion contributions remain unremitted
Maureen Kinyanjui  |  Oct 19, 2024

Unremitted employer pension contributions have emerged as the second-largest pending bill for parastatals.

Pension payments fall by Sh23 billion as government faces cash crunch
Maureen Kinyanjui  |  Oct 15, 2024

This shortfall is compounded by rising pension costs, driven by a wave of retirements.

Taxpayers risk losing millions due to pension payment irregularities, audit reveals
Maureen Kinyanjui  |  Oct 15, 2024

In the last Financial Year 2023-2024, payments amounting to Sh350 million were made to 2,950 deceased pensioners.

Treasury, counties at odds over unremitted workers’ statutory deductions
Maureen Kinyanjui  |  Oct 11, 2024

As of June 30, 2023, counties owed NSSF Sh2.7 billion, with Sh2 billion of that amount due to accumulated penalties.

EX-NSSF investments manager jailed for 14 years for stealing Sh1.2bn loses appeal
Joseph Ndunda  |  Jul 03, 2024

Moturi and the three others had argued that NSSF is not a public body and the funds stolen were not public funds but Prof. Sifuna said such an argumen...

NSSF's Haba Haba savings plan gives hope to Kenyans in informal sector
Mishi Gongo  |  Jul 01, 2024

Haba Haba targets small-scale business people and those not formally employed, allowing them to contribute a small amount of money daily for their ret...

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.

NSSF commits to paying out retirement benefits within 24 hours
Lucy Mumbi  |  May 07, 2024

Koros reiterated the importance of boosting the country’s savings rate, aiming to reach about 30 per cent of the GDP, a benchmark he said has been ach...

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