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End NSSF mismanagement before increasing contributions
The Social Security House building that houses the National Social Security Fund headquarters (NSSF). Every year, the Auditor-General reveals massive losses of savings. This is what should be addressed before telling workers to contribute more.
Photo credit: File | Nation Media Group
What you need to know:
- Every year, the Auditor-General reveals massive losses of the savings at NSSF. This is what should be addressed before telling workers to contribute more.
- The Higher Education Loans Board (Helb) should speed up the release of funds to alleviate the suffering of students who rely on the agency to pay their university fees and for their upkeep.
- Trees that have taken 40 years to grow should not be felled under the pretext of chasing away marabou storks in Nairobi’s city centre.
NSSF • While President William Ruto is quite right that the Sh200 monthly NSSF contribution is too low, there is a much bigger problem, says Mwangi Wanjohi. “It’s how the trustees manage those savings. Every year, the Auditor-General reveals massive losses of savings. This is what should be addressed before telling workers to contribute more.” His contact is [email protected].
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