The National Social Security Fund (NSSF) and Safaricom have partnered to provide various mobile app pension services.
The partnership will increase NSSF’s pension providence services by tapping the telco’s over 4.8 million M-Pesa customers.
According to NSSF Managing Trustee, Anthony Omerikwa, the demand for NSSF services and the need to save for pension has gone beyond formally employed people to entrepreneurs, especially those running medium and small businesses.
“It has therefore become necessary to partner with organisations such as Safaricom to extend the reach of our services including though smartphones on the NSSF M-PESA Mini App,” Omerikwa said.
Customers can access the NSSF Mini-App through the “Discover” option on the M-Pesa super App.
They can also register for NSSF membership, keep track of their contributions, top up and manage their NSSF account, and make Tenant Purchase Scheme (TPS) payments all within the M-Pesa app.
As part of the launch, the first 1,000 NSSF members to make contributions through the NSSF M-Pesa Mini App will get an extra 10 per cent free topped up to their account.
“We continue to explore different ways to provide our customers with even more convenience and access to useful services by establishing key partnerships with organisations such as NSSF,” said Safaricom CEO Peter Ndegwa.
He said the NSSF mini-App will go a long way in providing customers with an exceptional user experience, while providing them with the freedom to access services on their smartphones at any time through the M-Pesa super App.
The fund is responsible for the collection, safekeeping, investment and distribution of retirement funds of employees in both the formal and informal sectors of the Kenyan economy.
