Private firms to battle NSSF for new billions in pension

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

Private financial services firms are angling for a share of billions from enhanced pension contributions following the enactment of the National Social Security Fund (NSSF) Act 2013.

The implementation of the Act has unlocked billions of shillings under tier II contributions which have been opened to other pension funds apart from NSSF.

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