The National Social Security Fund (NSSF) has announced revenues of Ksh105.29 billion on a budget of Ksh78.94 billion.
This is a nearly 50 per cent improvement compared to Ksh59.14 billion over the year ending June 2024.
Speaking during a session with the Parliamentary Investment Committee to review the auditor general's report for the 2021/2022 and 2023/2024 fiscal years, senior NSSF officials revealed the profits while defending new allocations.
The surge in revenue comes even as the National Social Security Fund (NSSF) Act, 2013 (the Act), has undergone several amendments in recent years.