NSSF Explains What Determines Interest Rate on Members’ Savings

Author: Timothy CerulloPublished on: September 23, 2026Country: Kenya

Business & Economy

NSSF Explains What Determines Interest Rate on Members’ Savings

The National Social Security Fund (NSSF) clarified that the 17 percent interest rate currently credited to members' savings is not fixed and may vary from year to year based on the Fund's performance. This rate applies to the 2024/2025 financial year and is not a guaranteed return. Additionally, NSSF confirmed that it does not pay dividends, but members' contributions earn interest that is declared annually.

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