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The National Social Security Fund (NSSF) has recorded a 17 per cent return on member savings, setting an ambitious target to grow its kitty to Sh1 trillion by 2027, even as a final hike in mandatory pension contributions threatens to shrink workers’ take-home pay.
The state-owned pension manager yesterday said the 17 per cent return for the financial year that ended in June 2025 was the highest in its history, up from 11 per cent in the 2023/2024 financial year, driven by a 153 per cent growth in investment income to Sh105 billion. Assets under management grew to Sh575 billion, with the fund projecting to reach Sh750 billion by June 2026.
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