{"id":559,"date":"2026-02-06T14:42:02","date_gmt":"2026-02-06T14:42:02","guid":{"rendered":"https:\/\/livenation254.com\/?p=559"},"modified":"2026-02-09T22:27:35","modified_gmt":"2026-02-09T22:27:35","slug":"mudavadi-nssf-assets-more-than-double-to-ksh-670b-as-members-enjoy-record-17-returns","status":"publish","type":"post","link":"https:\/\/livenation254.com\/?p=559","title":{"rendered":"Mudavadi: NSSF Assets More Than Double to KSh 670B as Members Enjoy Record 17% Returns"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-id=\"561\" src=\"https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180-1024x683.jpg\" alt=\"\" class=\"wp-image-561\" srcset=\"https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180-1024x683.jpg 1024w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180-300x200.jpg 300w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180-768x512.jpg 768w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180-1536x1024.jpg 1536w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001639180.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Prime Cabinet Secretary Musalia Mudavadi has hailed the strong growth of the National Social Security Fund (NSSF), citing it as clear evidence of rising public confidence, disciplined investment, and sound leadership at the Fund.Speaking during an NSSF event, Mudavadi noted that the Fund\u2019s assets have grown significantly from KSh 288 billion in 2022 to KSh 670 billion in 2025. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><em>For Ads-space<\/em><\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"1024\" data-id=\"751\" src=\"https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001653174-819x1024.jpg\" alt=\"\" class=\"wp-image-751\" srcset=\"https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001653174-819x1024.jpg 819w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001653174-240x300.jpg 240w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001653174-768x960.jpg 768w, https:\/\/livenation254.com\/wp-content\/uploads\/2026\/02\/1001653174.jpg 1080w\" sizes=\"auto, (max-width: 819px) 100vw, 819px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>www.livenation254.com<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He attributed this impressive performance to increased member savings and prudent investment decisions that continue to deliver solid returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis performance affirms the vision of the NSSF leadership under the Strategic Plan 2023\u20132027, which I launched in May 2024,\u201d Mudavadi said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that the plan sets a clear path towards achieving double-digit returns for members while strengthening Kenyans\u2019 constitutional right to affordable and accessible social security.The Prime Cabinet Secretary highlighted that NSSF recorded a historic 17 percent interest on members\u2019 savings in the 2024\u20132025 financial year, a sharp rise from 11 percent the previous year. He further revealed that the Fund has significantly improved service delivery, with some benefits now processed within a day. Over the same financial year, NSSF settled approximately 300,000 claims valued at about KSh 25 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Addressing delegates during the 8th NSSF Annual General Meeting, Mudavadi reaffirmed the Government\u2019s commitment to providing strong policy direction and oversight to ensure the Fund remains stable, credible, and sustainable. He emphasized NSSF\u2019s critical role in driving social protection and supporting Kenya\u2019s broader economic transformation agenda.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He also urged all employers to remit employee contributions on time, stressing that compliance is key to safeguarding workers\u2019 futures. At the same time, Mudavadi assured members that NSSF remains committed to the highest standards of governance, transparency, risk management, and data protection.\u201cThe growth and reforms at NSSF demonstrate what is possible when trust, accountability, and sound leadership come together for the benefit of Kenyans,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Cabinet Secretary Musalia Mudavadi has hailed the strong growth of the National Social Security Fund (NSSF), citing it as clear evidence of rising public&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-559","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=559"}],"version-history":[{"count":2,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/559\/revisions"}],"predecessor-version":[{"id":753,"href":"https:\/\/livenation254.com\/index.php?rest_route=\/wp\/v2\/posts\/559\/revisions\/753"}],"wp:attachment":[{"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livenation254.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}