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New NSSF monthly contributions are too high

NSSF

The authorities should consider basing the monthly NSSF contributions on earnings instead of a blanket figure.

Photo credit: Pool I Nation Media Group

What you need to know:

  • Promoting NSSF savings, as advocated by President William Ruto, is commendable but the 10-fold monthly contributions for private and public sector employees are too high, says Job Kiniale
  • The authorities should consider basing the contributions on earnings instead of a blanket figure.
  • It should be done in tiers, depending on salaries.

NSSF equity • Promoting NSSF savings, as advocated by President William Ruto, is commendable but the 10-fold monthly contributions for private and public sector employees are too high, says Job Kiniale. The authorities, he pleads, should consider basing the contributions on earnings instead of a blanket figure. “It should be done in tiers, depending on salaries.” His contact is [email protected].

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