Ruto Defends 6% NSSF Deductions, Says High Rates Will Boost National Savings

Author: Timothy CerulloPublished on: June 13, 2026Country: Kenya
Business & EconomyPolitics
Ruto Defends 6% NSSF Deductions, Says High Rates Will Boost National Savings

President William Ruto defended the government's push for higher NSSF contributions, stating that employees will contribute 6% of monthly wages, matched by employers. He noted NSSF assets grew from Ksh312 billion to Ksh670 billion in two years, aiming for Ksh1 trillion by 2027. The remarks come amid a legal dispute: a Court of Appeal ruling declared the NSSF Act 2013 unconstitutional, but NSSF and FKE advise continued deductions, while LSK warns employers of legal action.

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