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CIC Life Assurance gets nod to handle NSSF contributions

CIC Group chief executive officer Patrick Nyaga (right) with chief financial officer Philip Kimani during the release of the insurer's 2022 financial results on March 22, 2023. PHOTO | POOL

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By  Kepha Muiruri

Business Reporter

Nation Media Group

The Retirement Benefits Authority has authorised CIC Life Assurance to manage National Social Security Fund (NSSF) Tier II contributions.

The firm, which disclosed the clearance on Thursday, is set to handle the deductions via its CIC Umbrella and CIC Jipange Retirement Benefit Schemes.

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