President William Ruto has officially made an announcement through the Kenya gazette this evening the decision to deduct from all formally employed kenyans an amount that is equivalent to 6% of their monthly salary going forward.
In the announcement, the head of state has disclosed that the amount deducted will go towards the national social security fund (NSSF) to increase the national savings from the scheme.
Previously, kenyans used to pay a flat rate of Kshs 200 per month towards NSSF and the president had recently reiterated his desire to ensure the amount goes up, terming the Kshs 200 a joke.
"President William Ruto has published an an amendment of the law in the Kenya gazette to have the NSSF contributions changed to 6% of kenyans' salaries," a loosely translated report by KTN news shows.
What this new amendment means is that there will be an upward increase in the amount that goes to NSSF, a move likely to divide public opinion.
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