NSSF deductions still need to be reviewed

The National Social Security Fund (NSSF) house on September 12, 2012. PHOTO | SALATON NJAU | NMG

The court ruling stopping a tenfold rise in monthly contributions to the National Social Security Fund (NSSF) should not mark the end of the debate on retirement savings.

The Sh200 per month fee is clearly not enough to sustain a comfortable retirement, taking into account the rise in cost of living over the years. Changing social dynamics also mean that retirees are increasingly being left to fend for themselves without the previous guarantee of assistance from family.

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