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From Sh500,000 to Sh16m in retirement: NSSF rates explained

The new framework gradually increased contributions to six per cent of an employee’s gross salary.

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by STAR TEAM

Realtime25 February 2025 - 05:00
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In Summary


  • With recent increases in taxes many Kenyans will feel the sting of larger deductions on their payslips.
  • President William Ruto has previously defended these deductions, stating that the government aims to raise Sh1 trillion by 2027.

David Koros, Managing Trustee of the National Social Security Fund /FILE

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.

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