Pension group takes fight over new NSSF law to the Supreme Court

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Workers from Pelican Signs company erecting a new signboard of the National Social Security Fund (NSSF). FILE PHOTO | NMG

Implementation of the new National Social Security Fund Act will turn the State corporation into a monopoly and kill the pensions industry, an Appeal filed at the Supreme Court states.

The County Pensioners Association says in the appeal pending before the country’s highest court that the employers are likely to transfer employees to NSSF from other schemes in a bid to cut costs.

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