NSSF Defends Pension System After Court Refuses Stay Bid
NAIROBI, Kenya, June 5 – The National Social Security Fund (NSSF) has moved to reassure employers that current pension contribution rates remain in force, Kenya breaking news | Kenya news today |..
✨ Key Highlights
The National Social Security Fund (NSSF) is reaffirming that current pension contribution rates remain in effect, despite ongoing court challenges to the NSSF Act, 2013.
- The NSSF Act, 2013 remains operational and binding, with contribution rates from Year Four (4) of the Third Schedule continuing as is.
- The National Social Security Fund (NSSF) has had its application for a stay on a court judgment dismissed by the Court of Appeal.
- A previous Employment and Labor Relations Court (ELRC) judgment in September 2022 invalidated key provisions of the NSSF Act, 2013.
- The NSSF reported its asset base has grown to approximately Sh715 billion as of March 30, 2026.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
NSSF Defends Pension System After Court Refuses Stay Bid - June 2026
The National Social Security Fund is reaffirming that current pension contribution rates remain in effect, despite ongoing court challenges to the NSSF Act, 2013. Kenya's Competition Authority and the Public Procurement Regulatory Authority are intensifying efforts to combat tender cartels that inflate government project costs. New regulations have significantly increased the minimum wage for domestic workers in Kenya, raising monthly pay to Sh18,047 and introducing penalties for non-compliance.
