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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

NSSF seeks to be a pension scheme

Posted on 06 October 2009

From Nation.co.ke: The National Social Security Fund is seeking to transform itself into a pension scheme if Parliament approves a proposal before it. Once given the nod, retirees will now withdraw their benefits, spread over several years, in bits.
Presently, NSSF operates as a provident fund with contributors receiving a lump sum payment upon retirement……………….Full Article: Source

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