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NSSF portfolio grows to Sh135 billion

The National Social Security Fund (NSSF) recorded a 22 per cent jump in the value of its investment portfolio in 2013 as its total net assets grew from Sh110 billion to Sh135 billion.

The latest financial figures for the year ended June 2013 and certified by the Auditor-General show that the value of NSSF’s investment portfolio now stands at over Sh135 billion compared to Sh110 billion in 2012 and according to NSSF chairman Adan Mohamed, the growth is attributable to governance and financial reforms the Fund has been carrying out over the last five years including outsourcing investment of workers’ contributions.

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