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NSSF has increased the contribution amount for employees. The deductions will commence in February 2024.Lower tier contributions will be Ksh 840 per month as tier 2 contributions rise to Ksh 3,480.
Below is the contribution table indicating the amount of money you’ll be contributing to NSSF:
| January 2024 | February 2024 | |
| Lower Limit (Tier 1) | 6000.00 | 7000.00 |
| Employee Contribution (NSSFEE1) | 360.00 | 420.00 |
| Employer Contribution (NSSFER1) | 360.00 | 420.00 |
| Total Tier 1 NSSF Contribution | 720.00 | 840.00 |
| Upper Limit (Tier 2) | 18 000.00 | 36 000.00 |
| Upper Limit minus Lower Limit | 12 000.00 | 29 000.00 |
| Employee Contribution (NSSFEE2) | 720.00 | 1 740.00 |
| Employer Contribution (NSSFER2) | 720.00 | 1 740.00 |
| Total Tier 2 NSSF Contribution | 1 440.00 | 3 480.00 |
| Total NSSF Contributions | 2 160.00 | 4 320.00 |
- The new rates will only be effective 1 February 2024.