A total of Sh490,835. This is the amount an employee would take home after 30 years of contributing Sh200 per month to the National Social Security Fund, with the employer matching that amount, assuming a steady seven per cent annual growth.
It sounds ludicrous, doesn’t it? Fortunately, in 2023 everything changed when the NSSF Act of 2013 was finally implemented, setting the stage for a more substantial retirement savings model.
