NSSF’s New Payment Plan to Allow Partial Payments for Eligible Members

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NSSF Head of Marketing and Communications, Barbra Arimi and Patrick Ayota, NSSF Deputy Managing Director  addressing the press The National Social Security Fund (NSSF) has today announced a benefits payment plan that will allow qualifying members to retain part of their savings with the Fund at the point of exit to avoid depletion of their life savings within a short period. The innovation, dubbed NSSF DrawDown Payment Plan,will be eligible to members who qualify for Age Benefit and Withdrawal Benefit. According to the NSSF Act, Age Benefit is paid to a member of the Fund…

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