NSSF phase four: Pain today, gain tomorrow

High earners may feel the pinch today, but in the long run will gain from more pensions and financial security.

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For many employees earning above Sh108,000, the fourth phase of the NSSF Act 2013 has been met with apprehension.

The idea of losing a larger portion of one’s salary to statutory deductions naturally raises concerns about lower disposable income, especially in an economy where inflation and rising living costs already weigh heavily on households.

PAYE Tax Calculator

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