NSSF pension plan Stories
CS Mbadi told the Senate on Wednesday that the current manual system has not only delayed pension disbursements but has also exposed retirees to sophi...
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...
The NSSF’s latest annual report reveals that active employers fell from 78,549 to 78,009 during the year ended June.
The proposals suggest raising the monthly deductible pension contributions from Sh20,000 to Sh30,000.
Unremitted employer pension contributions have emerged as the second-largest pending bill for parastatals.
This shortfall is compounded by rising pension costs, driven by a wave of retirements.
In the last Financial Year 2023-2024, payments amounting to Sh350 million were made to 2,950 deceased pensioners.
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...
