Business

Benefits and grants offered by NSSF

Published

3 weeks ago

24th October 2018

The National Social Security Fund (NSSF) was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees.

Under the National Social Security Act of 2013, both employed and the self-employed and their dependents qualify as contributing members. The act (law) on pension requires all Kenyans that are above 18 years of age to register to the program.

Below is a list of the benefits and grants offered by NSSF.

Age/Retirement Benefit

Members are eligible for this benefit when they reach the age of 55 years, or when they ultimately retire from regular paid employment.

Withdrawal Benefit

Members are eligible for this benefit if they are at least 50 years of age and have retired from regular paid employment. A member can opt to apply for this benefit (over the age/retirement benefit) if they retire before attaining the age of 55 years.

Survivors Benefit

It is payable to the survivors, dependants or relatives of a deceased member. The dependant relatives who qualify for this benefit include;

The husband/wife of the deceased member
All children irrespective of age or gender (if the husband/wife of the deceased member is also deceased or if the deceased member was a single parent)
The parents of the deceased (if the deceased member was not married and had no children)
Sisters/brothers of the deceased (if the deceased was single, had no children and both parents are deceased)
The guardian to the children of the deceased member (where both the parents are deceased and all the deceased members’ children are minors)
An applicant who has letters of administration (where all dependants are exhausted)

Invalidity Benefit

It is paid to members who are certified to be permanently incapable of working because of physical or mental disability. It is also paid to members who are at least 50 years of age and suffer from a partial incapacity of a permanent nature that prevents them from undertaking employment.

Funeral Grant

It is payable to a dependant of a deceased member. This dependant must be nominated by the family and must be identified by the local administration. The deceased member must have been a member of the fund who made at least 3 monthly contributions to the National Social Security Fund. The funeral grant is actually money given by NSSF to assist in the burial of a deceased contributor. The amount payable for this grant stands at KES 2500. The grant must actually be paid within three months of a member’s death.

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How to register for the online NSSF portal

Published

3 weeks ago

24th October 2018

Victor Mochere

How to register for the online NSSF portal

National Social Security Fund (NSSF) is a Kenyan government agency mandated with polling together member’s contributions and channeling the funds into investment ventures to generate returns for later distribution back to dependents as retirement benefits.

NSSF has put in place an online system to ensure registered members can check the status of their contributions from the comfort of their living room. This online system provides a registered member access to his/her NSSF statement online.

To access your statement online, one must first register on the NSSF online portal. There two options one can use to register for the portal as elaborated below.

1. New registration for non-NSSF members

If your are yet to become an NSSF member, you can still be able to access the online portal by following these steps.

Access the NSSF online portal from your browser
Input the requested details
After successful registration, print or download the application notification form
Visit your nearest NSSF office with the copies of the form to necessitate certification
You will be issued with an encoded PIN key for activating the online account on the self-service portal
With the user activation PIN, access the member activation page
Fill all the details required including the secret password, username and the encoded PIN
Then click ‘activate’
Your account is now active on the portal

2. Registration for an active NSSF member

If you are already an active NSSF member and wish to have access to the online portal, you can do so by following these steps.

Visit the nearest NSSF office and request for an encoded activation PIN
Once issued with the PIN, access the member activation page on the portal from your browser
In the spaces provided input your username, password and PIN key
Click on ‘activate
Your account is now active on the portal

Note:

If you happen to forget your login details, click on the ‘Recover forgotten/lost credentials’ option. Fill in the details on the mandatory fields and change your password to recover gain access to your account.
If you have forgotten both user username/password and the encoded key, use the Member Recertification link to validate your details and access your account

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Business

How to access your NSSF statement online

Published

3 weeks ago

24th October 2018

Victor Mochere

How to access your NSSF statement online

National Social Security Fund (NSSF) has put in place an online system to ensure registered members can check the status of their contributions from the comfort of their living room. This online system provides a registered member access to his/her NSSF statement online. To access your statement online, one must first register on the NSSF online portal.

Apart from physically visiting the NSSF offices to collect your statement, for efficiency and comfort you can access your statement online by use of these two simple methods.

1. NSSF Mobile App

Download the NSSF mobile app which is available on both Android and IOS platforms.

After installation, launch the app
You will be prompted to create an offline credential using a password and username
Save the personal details by selecting ‘save offline login’
A notification, ‘Login saved’ will appear signaling a successful creation of login data. Click ‘ok’
Proceed and use the offline login details to access the app
After successful login, you will be prompted to select whether you are an employer or a member. Select the ‘members’ option
Then go ahead and tap on ‘Add new member’
To continue at this point, you must have registered on the NSSF portal. If registered, continue and input your username and password plus the NSSF member’s number
If you are yet to register on the NSSF portal, click the button, ‘Not registered? Register’. Include the details required, validate and save. A notification displayed as ‘member created’ confirms successful registration. Click ‘ok’
The app will then take you to a page where you will be prompted to select on the indicated identity credentials
You will then be redirected to a new inter-phase layout displaying a member’s account, where, you are provided various options to select
In this case tap on ‘View statement’
Download the statement if prompted to do so and view from your device

2. NSSF self-service portal

This method gives the most convenient and practical means to access an NSSF statement online. But first, you must be registered within the online portal.

Access the NSSF Self-Service portal on your browser
On the portal, click on ‘Member self-service resources’ option
Select ‘NSSF contributions statement’ tab. A statement’s account login page displays
Enter your NSSF username and password to log in
After logging in, you will get a welcome message from NSSF Statement’s account service. Click on the link provided to view your account
You will be redirected to your account, scroll to select the statement period you wish to access. Click on ‘Issue account’
Your NSSF statement will then be generated

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NSSF branches in Kenya

Published

3 weeks ago

24th October 2018

Victor Mochere

The National Social Security Fund (NSSF) is a Kenyan government agency responsible for the collection, safekeeping, responsible investment and distribution of retirement funds of employees in both the formal and informal sectors of the Kenyan Economy. Participation for both employers and employees is compulsory. The fund is both a pension fund and provident fund.

Below is a list of all NSSF branches in Kenya.

No.	Branch	Location
1	Nairobi Region Office	Bruce House, 5th floor, Std street
2	Hill	Social Security House Nairobi, Bishop Road, Ground floor
3	Kiambu	Mapa House, Kiambu Road, 2nd floor, Biashara street, Kiambu-Githunguri Road
4	Industrial Area	Simco Plaza, 2nd and 3rd floors, Lusaka Road
5	Donholm	The Point-Buruburu, along Rabai Road (Hamsa Stage) opposite Kenol Petrol Station next to Naivas Supermarket
6	Ongata Rongai	Masai Mall, 2nd floor, Magadi Road
7	City Center	Bruce House, 5th floor, Std street
8	Westlands	Woodvale Centre, 1st and 2nd floors, Westlands Road
9	Eastleigh	Eastleigh Mall 1st floor, General Waruinge Road
10	Kitengela	Africa House, Ground floor, Kajiado-Namanga Highway
11	Machakos	Nijrang Building, 1st floor, Mbolu-Malu Road
12	Central/Eastern Region Office	Sohan Plaza, 2nd floor, Kimathi Way
13	Embu	Eastern Emporium Building, Ground floor, Kenyatta Avenue (Main Nairobi-Meru Highway)
14	Makueni	Junction Mall, 1st floor, along Machakos-Wote Road
15	Nyahururu	Barclays Bank House, Sharp Road
16	Maralal	Saidia Building, Prisons Road, opposite County Treasury
17	Nanyuki	Silver Plaza, Ground floor
18	Nyeri	Sohan Plaza, Kimathi Way
19	Muranga	Pala Plaza, Ground floor
20	Thika	Thika House, Kwame Nkruma street
21	Mwingi	LDP Building, Garissa Road
22	Meru	Ncheege Plaza, 1st floor, Kirikuri street
23	Kitui	Muli Mall, Ground floor, Biashara-Mukuti street
24	Kerugoya	Mbigwa Sacco Plaza, 1st floor, opposite KCB Kutus-Kagumo Road
25	Coast and North Eastern Region Office	Social Security House Mombasa, 5th floor, Nkurumah Road
26	Ukunda	Tiosgima Plaza, Ground floor, Diani Beach Road
27	Voi	Haji Plaza, Ground floor, Biashara street
28	Garissa	Lilac Centre, 1st floor, Kisimayu Road
29	Mombasa	Social Security House Mombasa, Ground floor, Nkurumah Road
30	Wajir	Juba Building, Korahey-Works Road, Ground floor
31	Malindi	Al Noor Plaza 1st floor, Jomo Kenyatta Avenue
32	Lamu	Majid Swaleh Hemed Building
33	Mtwapa	Mtwapa Mall, 1st floor, New Mombasa-Malindi Road
34	Rift Valley Region Office	AFC Building, 1st floor, Kijabe Road
35	Naivasha	Wagi House, Kenyatta Avenue
36	Nakuru	Polo Centre, Ground floor
37	Eldoret	Kiptagich Building, 6th floor, Off Uganda Road
38	Nandi Hills	Atlanta Building, Ground floor
39	Narok	Oltalet Mall, 1st floor
40	Kabarnet	Mart Properties Plaza, Ground and 1st floors
41	Kapsabet	AFC Building, Ground floor
42	Kericho	Sinendet Towers, 2nd floor, Kisumu-Nairobi Highway
43	Sotik	Bureti Tea Growers Sacco Building, Main street
44	Kitale	Ambwere Plaza, Ground floor, Mazingira street 49
45	Lodwar	Northlands Building, Next to Doctor’s Mini Plaza
46	Western/Nyanza Region Office	Al-Imran Plaza, 3rd floor, Ondiga Oginga street
47	Bungoma	Catholic Diocese Building, Ground floor, Mumias Road
48	Busia	Rasto Park Plaza, Busia-Kisumu Highway
49	Kakamega	Ambwere Furaha Centre, 1st floor, Sudi Road, opposite Muliro Gardens
50	Kisii	Magson Plaza, Postal Road, 1st floor, Next to Police Station
51	Kisumu	Al-Imran Plaza, 3rd floor, Odinga Oginga street
52	Nyamira	Happyline Centre, 2nd floor
53	Siaya	Mwalimu Plaza, Ground floor, Odinga Oginga street
54	Homa Bay	Luore Plaza, Bank street
55	Migori	Pesoda Plaza, Next to DTB Bank and Family Bank, Ground and 1st floors, Migori-Isbania Road
56	Vihiga	Cherry House, 1st floor, Kakamega-Kisumu Highway