NSSF Set To Launch A Corporate Strategic Plan Spanning To 2027

By Soko Directory Team / Published May 6, 2024 | 11:49 am

The National Social Security Fund (NSSF) is set to launch their much-awaited Corporate Social Strategy that will guide the activities of the Fund for the next four years.

Central to this plan is a compelling vision—one defined by trust, reliability, and unparalleled value. Beyond mere service provision, NSSF says that it aims to become the bedrock of security in the lives of its members.

For years, NSSF has been helping millions of Kenyans save for their retirement with so many benefits pegged on:

Government Guarantee: Section 70(b) ensures a government guarantee on contributions paid.
Tax Deductibility: Section 67 allows NSSF contributions to be tax-deductible expenses.
Accountability: Section 63(1) mandates accountability through the convening of the Annual General Meeting.
Financial Prudence: Section 50(1) promotes financial prudence through regulated administration expenses.
Enhanced Accessibility: Members benefit from enhanced accessibility to service provision information through an extensive network, including 8 regional offices, 60 branch offices, and a presence in all Huduma centers.
Tax Exemption: Benefits paid to members enjoy tax exemption 7) Debt Protection: Section 66(2a) safeguards NSSF contributions from being attached to settle debts.
Tax Exemption: Section 66(2b) ensures tax exemption of benefits paid to members.
High-Level Customer Service:

Implementation of a robust integrated ICT platform.

Integration with banks for seamless transactions.
Integration with the eCitizen platform for enhanced accessibility and convenience

According to NSSF, the Strategic Plan will be anchored within the mission to empower NSSF members to achieve financial security through prudent investments and value-adding solutions and with a vision to be the Trusted Social Security Provider delivering exceptional value to our members.

Some of the Core Values that the Strategic Plan will thrive on will include Member-Centric, Integrity, Innovation, and Collaboration.

“Our vision is resolute: we aim to epitomize trust and reliability in the realm of social security. Envisioning a future where every member entrusts us with their financial security, knowing that we will exceed expectations to safeguard their interests and deliver unmatched value,” said David Koross, the Managing Director at NSSF.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team