A document released by National Social Security Fund (NSSF) indicates new deduction rates from teachers, Civil Servants and other workers monthly of  between Ksh.420 and Ksh.1,740 monthly from their payslips.

NSSF notice details structural new rates which indicate that the lower earnings limit or the amount per month has considered the lowest pensionable salary has been raised to Ksh.7,000.

Preciously, the above amount was Ksh.6,000 and therefore the category of employees within the above category will now contribute Ksh.420 from the current Ksh.360 monthly contribution.

According to the NSSF, the employer must match each contribution made by the employee just like the current operation.

Revised rates will remain in place until the next review expected in January 2025.

This new NSSF deduction plan, which took effect last year, is expected gradually increase its  rates over a period of 5 years.

 New NSSF contributions Rates that will affect workers in different salary scales

All the Employers are expected  to release matched  contributions , same as those made by employees