ICEA Lion Life Assurance has become the latest private pension provider to obtain the approval of the Retirement Benefits Authority (RBA) to manage NSSF contributions by employees earning more than Sh18,000, also known as Tier II contributions.
The underwriter who is part of the ICEA Lion Group has made the disclosure as it lures employers who opt out of the NSSF as a custodian of the higher-tier pension contributions.
