NSSF

NSSF Act Transition: Understanding Key Changes for Maximized Pension Savings

NAIROBI, Kenya – As Kenya enters the second year of the five-year transition plan outlined in the new NSSF Act, it’s crucial to understand how these changes can impact your financial future. One of the most significant changes in the National Social Security Fund (NSSF) contribution structure is the doubling of the Upper Earnings Limit, jumping from Ksh18,000 to Ksh36,000. This shift means that the first Ksh36,000 of your monthly wages will now be subject …

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Teachers Urged to Register with NSSF to Secure Retirement Benefits Before June 21 Deadline

Nairobi, Kenya – Thousands of teachers in Kenya are at risk of losing their retirement benefits due to missing details in the government system. The Teachers Service Commission (TSC) has attributed this issue to improper registration with the National Social Security Fund (NSSF). TSC CEO Nancy Macharia emphasized the importance of teachers updating their information with NSSF before June 21 to secure their benefits. Failure to do so could result in their remittances being held …

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