The National Social Security Fund 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.
NSSF History
The National Social Security Fund 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 Fund Act of 2013, both employed and the self-employed and their dependents qualify as contributing members. The Act on pension requires all Kenyans that are above 18 years of age to register to the program.
The board of trustees is composed of workers’ representatives through the Central Organization of Trade Unions, employers through the Federation of Kenya Employers and the Government of Kenya through the Ministries of Labour and Finance.[4] This composition ensures that the board accommodates the views and aspirations of the three social partners in policy formulation and running of the organization.
Investment portfolio
The current National Social Security Fund investment portfolio includes fixed income, real estate, and equities.
Fixed income
This includes short term and long term bonds. As of 31 December 2010, the investment in long term bonds was KSh.24.64 billion/=.
Real estate
- Land – as of 31 December 2010, the undeveloped land owned by the fund was valued at KSh.7.86 billion/=.
- Buildings – as of 31 December 2010, the buildings owned by the fund were valued at KSh.31 billion/=.
- Commercial buildings – these include the NSSF Building, View Park Towers, and Hazina Trade Centre which is set to be the tallest building in the region.
- Residential buildings – These include Nyayo Estate Embakasi, Milimani Flats, Mountain View Estate, Hazina Estate and Nyayo Highrise Estate near Kibera.
Equities
- Private equities – the main private equity held by the fund is 11.2% of the issues share capital of the Consolidated Bank of Kenya. Others include the Nairobi City Council Stock.
- Listed equities – the fund is a leading investor on the Nairobi Securities Exchange, including in the following companies:
| Number | Investment | Industry |
|---|---|---|
| 1 | Kenya Power and Lighting Company | Electricity Distribution |
| 2 | East African Breweries | Brewing |
| 3 | British American Tobacco Kenya | Tobacco & Cigarettes |
| 4 | Kenya Electricity Generating Company | Electricity Generation |
| 5 | Bamburi Cement | Construction Products |
| 6 | East Africa Portland Cement | Construction Products |
| 7 | Kenya Commercial Bank Group | Financial and Banking |
| 8 | Housing Finance Company of Kenya | Financial, Banking and Mortgages |
| 9 | Sameer Africa | Tyre Manufacturing |
| 10 | National Bank of Kenya | Financial and Banking |
| 11 | Barclays Bank (Kenya) | Financial and Banking |
| 12 | Standard Chartered Kenya | Financial and Banking |
| 13 | Nation Media Group | Media |
| 14 | Athi River Mining | Construction Products |
| 15 | Kenya Re-Insurance | Reinsurance |
| 16 | Safaricom | telecommunications |
| 17 | Equity Group Holdings Limited[10] | Financial and Banking |
NSSF Ownership
The fund is owned by the Government of Kenya on behalf of the workers and employers in Kenya.
NSSF Quick Links
Governance
Governance is overseen by a nine-member board of trustees with Dr. Anthony Omerikwa as the acting managing trustee. In formulating the fund’s policies the board of trustees acts strictly in accordance with the NSSF Act.
Branch network
There are fund offices in major towns all over Kenya.
National Social Security Fund (Headquarters)
P.O. Box: 30599 – 00100, Nairobi, Kenya
Main Line: (020) 2729911, 2710552
Toll Free: 0800 2212744
Cell Phone: 0709 583 000, 0730 882 000
ISDN: 2832000
Fax: (020) 2727882, 2722013, 2711615
Email: [email protected]
Website: www.nssf.or.ke
NSSF Branches in Nairobi Region:
Nairobi Region Office, Bruce Hse 5th Flr, Std Street
P.O. Box: 50397-00200, Nairobi
Tel: (020) 2222668/9
Email: [email protected]
City Center Branch, Bruce House, 5th Floor, Standard Street
P.O. Box: 50397-00200, Nairobi
Tel: 2222668/9
Email: [email protected]
Donholm Branch, The Point-Buruburu, Along Rabai Road (Hamsa Stage) Opposite Kenol Petrol Station next to Naivas Supermarket
P.O. Box: 1385-00515, Nairobi
Tel: 0786998818/0773780210
Email: [email protected]
Eastleigh Branch, Eastleigh Mall 1st Floor, General Waruinge Rd
P.O. Box: 7800-00610, Nairobi
Tel: 0114709820, 0739102003
Email: [email protected]
Hill Branch, Social Security Hse, Block C, Bishops Rd, Ground Flr
P.O. Box: 45969 – 00100, Nairobi
Tel: 020-2729911/020 2832899/020 2713844/46/48/51/ 0737633906
Email: [email protected]
Industrial Area Branch, Simco Plaza, 3rd Flr, Lusaka Road
P.O. Box: 30451-00100, Nairobi
Tel: 0737409457
Email: [email protected]
Kitengela Branch, Africa House, Ground Floor, Kajiado Namanga Highway
P.O. Box: 529-00242, Kitengela
Tel: 0739-102009
Email: [email protected]
Ongata Rongai, Masai Mall, 2nd Floor, Magadi Rd
P.O. Box: 665-00511, Ongata Rongai
Tel: 0731032088, 045-3123112
Email: [email protected]
Westlands Branch, Rainbow Towers, Muthithi Road, Westlands
P.O. Box: 66575 – 00800, Nairobi
Tel: (020) 4444308, 0737409416
Email: [email protected]
NSSF Branches in Central/Eastern Region:
Central/Eastern Region Office, Sohan Plaza 2nd Kimathi Way
P.O. Box: 308-10100, Nyeri
Tel: 061-2031140
Email: [email protected]
Embu Branch, Eastern Emporium Building, Ground Flr. Kenyatta Ave. (Main Nbi – Meru Highway)
P.O. Box: 316-60100 Embu
Tel: 0734317315/0737409460
Email: [email protected]
Kerugoya Branch, Mbigwa Sacco Plaza,1st Flr Opp. KCB Kutus – Kagumo Rd
P.O. Box: 600, Kerugoya
Tel: 0737409471
Email: [email protected]
Kiambu Branch, Bishop Ranji Cathedral Plaza, Ground Floor, Biashara Street
P.O. Box: 713-00900, Kiambu
Tel: 0737633914/(066)2022114
Email: [email protected]
Kitui Branch, C-House, Along Kitui Nairobi Road
P.O. Box: 641-90200, Kitui
Tel: 044-4422239/0737409417
Email: [email protected]
Machakos Branch, Nijrang Building,First Floor, Mbolu Malu Rd
P.O. Box: 525-90100, Machakos
Tel: 0737409412
Email: [email protected]
Makueni Branch, Junction Mall, 1st Flr. Along Machakos Wote Rd
P.O. Box: 306-90300, Makueni
Tel: 0737409428
Email: [email protected]
Maralal Branch, Samburu United House, First floor, Next to Morris Guest House
P.O. Box: 258-20600, Maralal
Tel: 065-5062047/ 0737409433
Email: [email protected]
Meru Branch, Ncheege Plaza, 1st Flr. Kirikuri Street
P.O. Box: 1228-60200, Meru
Tel: 0737409474
Email: [email protected]
Muranga Branch, Pala Plaza, Ground Flr
P.O. Box: 168-10200, Muranga
Tel: 0737409473
Email: [email protected]
Mwingi Branch, Evakon Heights, Ground Flr – Garissa Rd
P.O. Box: 432-90400, Mwingi
Tel: 0737409465
Email: [email protected]
Nanyuki Branch, Silver Plaza, Ground Flr.
P.O. Box: 226-10400, Nanyuki
Tel: 0737409444
Email: [email protected]
Nyahururu Branch, Barclays Bank Hse Sharp Road
P.O. Box: 148-20300, Nyahururu
Tel: 065-2023943/0737409459
Email: [email protected]
Nyeri Branch, Sohan Plaza Kimathi Way
P.O. Box: 308-10100, Nyeri
Tel: 061-2032103/0737409455
Email: [email protected]
Thika Branch, Thika House, Kwame Nkruma Street
P.O. Box: 844-01000, Thika
Tel: 067-2222279/0737409391
Email: [email protected]
NSSF Branches in Coast/North Eastern Region:
Coast and North Eastern Region Office, Social Security House Mombasa 5th Flr, Nkurumah Rd
P.O. Box: 90490-80100, Mombasa
Tel: 041-2223426/19
Email: [email protected]
Garissa Branch, Lilac Centre, 1st Floor, Kisimayu Rd.
P.O. Box: 378-70100, Garissa
Tel: (046)2102110, Fax 0462102253 /0737409468
Email: [email protected]
Lamu Branch, Majid Swaleh Hemed Bld.
P.O. Box: 389-80500, Lamu
Tel: 0737409410
Email: [email protected]
Malindi Branch, Al Noor Plaza 1st Flr. Jomo Kenyatta Ave.
P.O. Box: 290, Malindi
Tel: 0737409449
Email: [email protected]
Mombasa Branch, Social Security House Mombasa Grd. Flr. Nkurumah Rd.
P.O. Box: 90490-80100, Mombasa
Tel: 041-2223419, 041-2223426, 0101087497
Email: [email protected]
Mtwapa Branch, Mtwapa Mall, 1st Floor, New Mombasa- Malindi Road
P.O. Box: 733-80109, Mtwapa
Tel: 0786222322/0207850905
Email: [email protected]
Tana River Branch, Laza Road, Opposite, Silent Hotel and Lodge, adjacent to Hola Mini-Market
P.O. Box: 204-70101, Tana River
Tel: 0788376688 / 0718042343
Email: [email protected]
Ukunda Branch, Tiosgima Plaza, Ground Flr. Diani Beach Rd.
P.O. Box: 1076-80400, Ukunda
Tel: 053-8015545/0737409434, 053 8015545
Email: [email protected]
Voi Branch, Haji Plaza Ground Floor Biashara St.
P.O. Box: 127-80300, Voi
Tel: 043-2030129/0737409398
Email: [email protected]
Wajir Branch, Juba Building, Korahey-Works Road, Ground Flr.
P.O. Box: 326-70200, Wajir
Tel: 0737409411
Email: [email protected]
NSSF Branches in Rift Valley Region:
Rift Valley Region Office, AFC Bld, 1st Floor Kijabe Road
P.O. Box: 1510-20100, Nakuru
Tel: 051-2216449, Nakuru
Email: [email protected]
Eldoret Branch, Kiptagich Bldg, 2nd Flr. Off Uganda Road
P.O. Box: 1120, Eldoret
Tel: 0737409392
Email: [email protected]
Kabarnet Branch, Mart Properties Plaza, Ground and 1st Floor
P.O. Box: 14-30400, Kabarnet
Tel: 053-22162
Email: [email protected]
Kapsabet Branch, AFC Building, Ground Floor
P.O. Box: 1122-30300, Kapsabet
Tel: 0735888887
Email: [email protected]
Kericho Branch, Sinendet Towers, 2nd Floor, Kisumu – Nairobi Highway
P.O. Box: 586-20200, Kericho
Tel: 0737409470
Email: [email protected]
Kitale Branch, Ambwere Plaza Ground Flr Mazingira Street 49
P.O. Box: 49-30200, Kitale
Tel: 0737409470/0737-409463
Email: [email protected]
Lodwar Branch, Northlands Building, Next to Doctor’s Mini Plaza
P.O. Box: 106-30500, Lodwar
Tel: 0735 888877
Email: [email protected]
Naivasha Branch, Wagi House Kenyatta Avenue
P.O. Box: 361, Naivasha
Tel: 0737409437,050-2020146
Email: [email protected]
Nakuru Branch, Polo Centre, Ground Floor
P.O. Box: 1510-20100, Nakuru
Tel: 051-2210953/0737633903
Email: [email protected]
Nandi Hills Branch, Post Office Building – Opposite Nandi Police Station
P.O. Box: 207, Nandi Hills
Tel: 053-6643186/0780440870
Email: [email protected]
Narok Branch, Oltalet Mall, 1st Floor
P.O. Box: 443-20500, Narok
Tel: 050-2222062/0737409439
Email: [email protected]
Sotik Branch, Bureti Tea Growers Sacco Building, Main Street.
P.O. Box: 947, Sotik
Tel: 0737409413
Email: [email protected]
NSSF Branches in Nyanza/Western Region:
Western/Nyanza Regional Office, Al-Imran Plaza 3rd Floor Ondiga Oginga Street
P.O. Box: 1037-40100, Kisumu
Tel: 057-2021703
Email: [email protected]
Bungoma Branch, Catholic Diocese Bldg Grd Flr. Mumias Rd
P.O. Box: 572-50200, Bungoma
Tel: 055-30123/ 0737409456
Email: [email protected]
Busia Branch, Rasto Park Plaza Busia-Ksm Highway
P.O. Box: 109-50400
Tel: 0552322270/2322075/0737409441
Email: [email protected]
HomaBay Branch, Luore Plaza ,Bank Street
P.O. Box: 167, Homa Bay
Tel: 0737409446,059-22063
Email: [email protected]
Kakamega Branch, Ambwere Furaha Centre, 1st Flr – Sudi Rd opp. Muliro Gardens
P.O. Box: 833-50100, Kakamega
Tel: 056-2030428/0737409418
Email: [email protected]
Kisii Branch, Magson Plaza Postal Rd, 1st Flr next to Police Station
P.O. Box: 898-40200, Kisii
Tel: 058-30206/0737409394
Email: [email protected]
Kisumu Branch, Al-Imran Plaza ,3rd Flr. Oginga Odinga Street
P.O. Box: 1037-40100, Kisumu
Tel: 0737409447
Email: [email protected]
Migori Branch, Pesoda Plaza next to DTB Bank & Family Bank, Ground Floor & 1st Flr.Migori/Isbania Rd.
P.O. Box: –
Tel: 0786222323
Email: [email protected]
Nyamira Sub Branch, Nash City, 1st Floor, Miruka Road
P.O. Box: 249 – 40500, Nyamira
Tel: (058)6144000/0780525249
Email: [email protected]
Siaya Branch, Mwalimu Plaza Grd Flr Odinga Oginga Street
P.O. Box: 1169, Siaya
Tel: 057-5321747/0737409390
Email: [email protected]
Vihiga Sub Branch, 1st flr Cherry House, Kakamega/Kisumu highway
P.O. Box: 1446-50300 Maragoli
Tel: (056)2031110
Email: [email protected]
