Ruto in a move to have unemployed Kenyans contribute to NSSF
Unemployed Kenyans will now be 'forced' to contribute to the National Social Security Fund (NSSF) as Ruto administration moves to amend fund’s constitution
Unemployed Kenyans will now be ‘forced’ to contribute to the National Social Security Fund (NSSF) as Ruto administration moves to amend fund’s constitution.
The National Social Security Fund (NSSF) is now working to change its laws to incorporate an “Unemployment Fund” to assist those who do not have a job or other source of income.
The action is being taken concurrently with the fund’s intention to incorporate the 582,000 Jua Kali artisans who are part of the informal sector.
According to managing trustee Davis Koross, the revisions have already been drafted, but they haven’t been discussed with the board of trustees as is customary before being presented to the committee.
Speaking during a retreat organized by Thika Town lawmaker Alice Ng’ang’a led the Social Protection Committee in Mombasa, Koross pointed out a number of loopholes in the law that have largely exacerbated the court battles they have been handling.
Koross, part of the amendment is the proposed inclusion of what they called an ‘unemployment fund’ for unemployed Kenyans in the NSSF Act.
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“Currently the Fund has 3.5 million members and we intend to bring on board more members especially those in the Jua Kali sector which has more than 500,000 members across the country,” said Koross.
While calling on the members of the Committee to support NSSF in achieving the intended objectives, Koross charged that the National Pension fund had acquired an Unstructured Supplementary Service Data (USSD) code adding that contributions can be made online including those in the informal sector.
“NSSF is all inclusive fund. It is a tripartite arrangement that brings together the government, workers, and employers as key determinants of decisions. We have moved away from the legacy issues that have been bedeviling NSSF, through set structures. We now have a USSD code that allows members to make contributions online,” said Koross.
Koross made the remarks during a tripartite meeting between the NSSF, the National Assembly Social Protection Committee, the National Treasury, and Central Organisation of Trade Unions (Cotu).
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