NSSF Contributions Hit Ksh 83B on High Bands

President Ruto has set a target of Ksh1 trillion in assets for NSSF by 2027, leading a push to transform the fund...

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Kenya's National Social Security Fund (NSSF) reported a significant 35 percent increase in member contributions, reaching Ksh83.97 billion in the year to June 2025. This growth is attributed to efforts to boost national savings, driven by President William Ruto's initiative to grow NSSF's assets to Ksh1 trillion by 2027.

Total member funds for NSSF now stand at Ksh572 billion, a 43 percent increase from the previous year.
Active members rose by 8 percent to 3.6 million contributors, while investment assets grew 43 percent to Ksh558 billion.
Despite the growth, member benefits disbursed dropped by 10 percent to Ksh8.74 billion due to fewer applications.
Coverage remains low, with only 10.6 percent to 25 percent of Kenya's working-age population having access to pension services.

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