Police intervened on Monday, to prevent a clash between National Youth Service (NYS) members and security personnel allegedly hired to protect National Social Security Fund (NSSF) land in the city.
27 years later, the building stands at only 15 floors, with about two-thirds of the original architectural vision reduced to a bland form similar to the surrounding buildings.
Contributions to NSSF shot up by Sh26.5 billion in 2023 as detailed in the latest report despite a drop in the number of newly registered employees and employers over the period.
State-run pension fund is also eyeing to grow membership by over 70 per cent to 5.2 million in a five-year strategic plan. The Fund is currently valued at Sh311 billion.
Argue directive by NSSF following the Supreme Court judgement is ill-advised and not grounded on any law after the apex court reverted the case to the Court of Appeal.
Pension trustees are in a dilemma on how to go about the directive by NSSF that insisted on the legality of the NSSF Act 2013 following a recent decision by the Supreme Court.
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