Retirees fail to claim Sh166 million benefits from NSSF

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Auditor General Nancy Gathungu on March 10, 2023. PHOTO | WACHIRA MWANGI | NMG

Retirees failed to claim Sh166.83 million in benefits due from the National Social Security Fund (NSSF) by the end of June 2022, the Auditor-General has revealed, with the fund coming under the spotlight over failure to remit the funds to the unclaimed assets authority.

The unclaimed benefits were part of accrued payments of Sh3.6 billion at the end of the period, which the State-owned pension fund continually pays out to retirees at the end of their working days.

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