Kenya: NSSF contribution increase
Following the ruling of the Court of Appeal on the NSSF Act No. 45 of 2013, the National Social Security Fund (NSSF) has asked all employers to immediately comply with the court verdict that allowed an increase in monthly contributions to take effect.
The new rates will see both the employee and the employer contribute to a maximum total of Ksh 2,160, increased from Ksh 400.
In a statement issued by NSSF Chairman Antony Munyiri, all employers who have been complying with the NSSF Act No. 45 of 2013 are urged to continue doing so, while those who are not should immediately comply as advised.
According to NSSF, every employer will be required to remit the new amount by the 9th of every month.