NSSF pension plan Stories

Kenya to fully digitise pension payments by July 2025 to combat fraud
Maureen Kinyanjui  |  Jun 05, 2025

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...

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...

Employer contributions to NSSF drop for first time since Covid as economic pressures mount
Maureen Kinyanjui  |  Jun 03, 2025

The NSSF’s latest annual report reveals that active employers fell from 78,549 to 78,009 during the year ended June.

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.

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.

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...

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