The National Social Security Fund (NSSF) of Kenya announced that its Annual Members Meeting will take place on September 24, 2024, at the Kenyatta International Convention Centre. The meeting, which gathers contributors, pensioners, and stakeholders, is expected to feature the long‑awaited declaration of the fund’s interest rate for the upcoming fiscal year. After a year of volatile market conditions, savers are keen to learn whether the NSSF will adjust its rate to reflect higher inflation and the recent surge in government bond yields. In a pre‑meeting briefing, the NSSF’s Chief Executive warned that any rate change will balance the need to protect members’ purchasing power against the fund’s investment risk profile. The announcement is likely to influence the broader savings landscape in Kenya, where the NSSF accounts for over Ksh 1.2 trillion in assets.
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