National Social Security Fund launches new campaign
A National Social Security Fund (NSSF) employee distributes guide books to motorists on Uhuru Highway, Nairobi, on August 18, 2014 during the launch of a campaign to sensitise the public on the benefits of the NSSF Act 2013. PHOTO | SALATON NJAU |
What you need to know:
- NSSF managing trustee Richard Langat says Kenya’s retirement savings rank among the lowest in the region.
- “We want Kenyans to understand what they stand to gain by supporting the Act,” he said.
The National Social Security Fund has launched a campaign to encourage more Kenyans to save for retirement.
The campaign, according to NSSF managing trustee Richard Langat, is also intended to create awareness on changes introduced by the enactment of NSSF Act 2013.
He said Kenya’s retirement savings rank among the lowest in the region, a situation that could be changed through tapping into the country’s over 13 million informal sector workers.
“We want Kenyans to understand what they stand to gain by supporting the Act,” he said.
He spoke during the launch of the campaign in Nairobi where the Fund distributed a simplified version of the Act which proposes to increase basic contributions to a maximum of Sh1,080 a month.
