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NSSF New Rates
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pops
#1 Posted : Wednesday, May 28, 2014 7:59:49 PM
Rank: Member

Joined: 9/13/2006
Posts: 123
Anyone know when the new rates becomes effective. is it to be paid from May salary or June salary?
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githundi
#2 Posted : Wednesday, May 28, 2014 8:43:37 PM
Rank: Veteran

Joined: 11/19/2010
Posts: 1,308
Location: nairobi metropolitan
June
Democracy does not belong to the dead
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newfarer
#3 Posted : Wednesday, May 28, 2014 8:45:04 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
del
punda amecheka
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  | | Edit by user: Wednesday, May 28, 2014 8:51 PM | Reason: Not specified
Tall Order
#4 Posted : Wednesday, May 28, 2014 9:24:44 PM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
The monthly deductions kick in at the end of June 2014.
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Lolest!
#5 Posted : Wednesday, May 28, 2014 10:06:14 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Tall Order wrote:
The monthly deductions kick in at the end of June 2014.

correct. June payroll. It's going to be a tall order for employers(pun intended)
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Othelo
#6 Posted : Thursday, May 29, 2014 11:04:54 AM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Lolest! wrote:
Tall Order wrote:
The monthly deductions kick in at the end of June 2014.

correct. June payroll. It's going to be a tall order for employers(pun intended)

After the 3rd year to employees too.
Best route is pension fund
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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mnandii
#7 Posted : Thursday, May 29, 2014 2:12:21 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Important:

When a government is in dire financial problems it usually resorts to public insurance schemes e.g pensions.
This is usually done in a hidden way e.g. limiting withdrawals and/or converting the savings to long term bonds. Either way the citizens hands are tied.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Impunity
#8 Posted : Thursday, May 29, 2014 5:22:27 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Othelo wrote:
Lolest! wrote:
Tall Order wrote:
The monthly deductions kick in at the end of June 2014.

correct. June payroll. It's going to be a tall order for employers(pun intended)

After the 3rd year to employees too.
Best route is pension fund


Is someone with a private registered pension scheme excluded?

d'oh! d'oh!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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grolut
#9 Posted : Friday, May 30, 2014 4:11:21 PM
Rank: Member

Joined: 9/2/2010
Posts: 563
Location: Embakasi
Impunity wrote:
Othelo wrote:
Lolest! wrote:
Tall Order wrote:
The monthly deductions kick in at the end of June 2014.

correct. June payroll. It's going to be a tall order for employers(pun intended)

After the 3rd year to employees too.
Best route is pension fund


Is someone with a private registered pension scheme excluded?

d'oh! d'oh!


No but the amount you'll be giving to NSSF is reduced. At least you can try and save some of your hard earned money in a more reliable organisation.
In a place where thought is abandoned, freedom can become a curse.
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Othelo
#10 Posted : Thursday, June 26, 2014 4:02:51 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Suspended indefinetly

http://www.businessdaily.../-/3wkfpjz/-/index.html
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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