As published by KBC Lunchtime on February
KBC Lunchtime News – New NSSF rates: the government is trying to get everyone into savings. Daniel Maingi – GM Pensions Division @Minet Kenya.
Kenya’s Court of Appeal has given a long-awaited nod to the National Social Security Fund Act, 2013 which will enhance basic social security protection and increase the adequacy of social security benefits paid out by the National Social Security Fund (NSSF). The implementation of the Act was delayed since it was challenged in court. Employers must apply the new rates immediately and to pay the enhanced contributions by the 9th day of each month. (Source: ENSafrica)