A complementary partnership for retirement security

Changes being implemented from the NSSF Act of 2013 present a watershed moment for both workers and employers.

Photo credit: Shutterstock

At the end of February, Kenyan employees impelmented the second increment in their National Social Security Fund (NSSF) contributions. This marked another round of the phased effecting of the NSSF Act 2013.

Mandatory NSSF contributions are deducted in accordance with the third schedule, which is a table defining the progression of rates of contribution. These are then split into respective tiers: Tier 1 and Tier 2.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.