C
Originally published by Capital News
📰 Read Full Article
top
February 12, 2026
6h ago

NSSF contribution rates jump from Feb – Here’s what you must pay

NSSF contribution rates jump from Feb – Here’s what you must pay

NSSF raises 2026 contribution rates. Employers and workers must update deductions. Know how much you’ll pay from Feb and avoid penalties...

✨ Key Highlights

The National Social Security Fund (NSSF) has announced new contribution rates effective February 2026, marking the start of Year 4 under the NSSF Act. Employers and workers are advised to adjust their contributions accordingly, following the Fund's 8th Annual General Meeting (AGM).

  • Under Tier 1, employees and employers will each contribute Sh540 monthly, totaling Sh1,080 per worker. For Tier 2, contributions will be up to Sh5,940 each, with a combined maximum of Sh11,880. The overall maximum monthly contribution per employee is Sh12,960.
  • The NSSF Managing Trustee/CEO, David Koross, emphasized the importance of continued saving for enhanced benefits.
  • The NSSF reported a 17 percent net interest for members for the 2024/2025 financial year, and employers must remit contributions by the 9th of each following month to avoid penalties.

Continue Reading

Read the complete article from Capital News

📰 Read Full Article
Advertisement

Related News

Advertisement