this article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral . please help improve it by replacing them with more appropriate citations to reliable independent third party sources . august 2015 learn how and when to remove this template message national social security fund type quasi government industry social security founded 1965 headquarters nssf building bishops road nairobi kenya key people adan d. mohamed chairman richard langat acting managing trustee francis atwoli trustee products pension fund revenue ksh 20.8 billion 2010 1 total assets ksh 100.7 billion 2010 2 website homepage the national social security fund nssf is a government agency responsible for the collection safekeeping responsible investment and distribution of retirement funds of employees in both the formal and informal sectors of the kenyan economy . participation for both employers and employees is compulsory . nssf is both a pension fund and provident fund . 3 contents 1 history 2 investment portfolio 2.1 fixed income 2.2 real estate 2.3 equities 3 ownership 4 governance 5 branch network 6 external links 7 see also 8 references history edit nssf was established in 1965 through an act of parliament cap 258 of the laws of kenya . it initially operated as a department of the ministry of labour until 1987 when the nssf act was amended transforming the fund into a state corporation under the management of a board of trustees . 4 under the national social security act of 2013 both employed and the self employed and their dependants qualify as contributing members . 5 the act law on pension requires all kenyans that are above 18yrs of age to register to the program . the board of trustees is composed of workers representatives through the central organization of trade unions employers through the federation of kenya employers and the government of kenya through the ministries of labour and finance . 6 this composition ensures that the board of trustees accommodate the views and aspirations of the three social partners in policy formulation and running of the organization . investment portfolio edit the current national social security fund investment portfolio include fixed income real estate and equities . fixed income edit this include short term and long term bonds . as at 31 december 2010 the investment in long term bonds was ksh 24.64 billion . 7 real estate edit land as at 31 december 2010 the undeveloped land owned by nssf was valued at ksh 7.86 billion . 8 buildings as at 31 december 2010 the buildings owned by nssf were valued at ksh 31 billion . 9 commercial buildings these include nssf building view park towers and hazina trade centre which is set to be the tallest building in the region . 10 residential buildings these include nyayo estate embakasi milimani flats mountain view estate hazina estate and nyayo highrise estate near kibera . equities edit private equities the main private equity held by nssf is 11.2 % of the issues share capital of the consolidated bank of kenya . 11 others include the nairobi city council stock . 12 listed equities the fund is a leading investor on the nairobi securities exchange . companies invested in by nssf in the nse include the following 13 national social security fund nse portfolio number investment industry 1 kenya power and lighting company electricity distribution 2 east african breweries brewing 3 british american tobacco kenya tobacco & cigarettes 4 kenya electricity generating company electricity generation 5 bamburi cement construction products 6 east africa portland cement construction products 7 kenya commercial bank group financial and banking 8 housing finance company of kenya financial banking and mortgages 9 sameer africa tyre manufacturing 10 national bank of kenya financial and banking 11 barclays bank kenya financial and banking 12 standard chartered kenya financial and banking 13 nation media group media 14 athi river mining construction products 15 kenya re insurance reinsurance 16 safaricom telecommunications 17 equity group holdings limited 14 financial and banking ownership edit the nssf is owned by the government of kenya on behalf of the workers and employers in kenya . governance edit governance of nssf is overseen by a nine member board of trustees with adan d. mohamed as the chairman and richard langat as the acting managing trustee . 15 in formulating the fund s policies the board of trustees act strictly in accordance with the nssf act . branch network edit there are nssf offices in major towns all over kenya . 16 external links edit national social security fund home page nairobi securities exchange see also edit national social security fund uganda national social security fund tanzania list of tallest buildings in nairobi nairobi securities exchange references edit nssf financial statement 2010 nssf financial statement 2010 history of nssf history of nssf nssf pension contributions nssf board of trustees nssf financial statement 2010 page 21 nssf financial statement 2010 page 16 nssf financial statement 2010 page 16 sky scraper in nairobi detailed shareholding at december 2011 nssf financial statement 2010 page 21 nssf financial statement 2010 page 19 & 20 juma victor 2015 08 06 . helios exits equity group with sale of final stake to nssf . business daily africa . nation media group . retrieved 2015 08 06 . nssf board of trustees nssf branches v t e economy of kenya currency kenyan shilling kes central bank of kenya history kenya economic stimulus program history of trade corruption industry and business agriculture automotive industry beer coffee energy real estate tourism government agencies open government the treasury nock kengen kenya ports authority kpc kenya railways corporation companies and counties companies bamburi cement kenya airways east african breweries counties transport and infrastructure airports roads railway thika road mombasa port jomo kenyatta international airport jkia communications safaricom bharti airtel kenya orange kenya yu network kenya seacom eassy teams finance and banking nairobi securities exchange traded companies nse 20 share index nseasi ftse nse banks insurance economic blocs east african community comesa cen sad agoa energy geothermal power hydro power nuclear petroleum renewable energy solar power wind power future kenya vision 2030 lapsset konza technology city greenfield terminal jkia retrieved from https en.wikipedia.org w index.php title national social security fund kenya & oldid 719921953 categories economy of kenyacompanies of kenyacompanies based in nairobi1965 establishments in kenyahidden categories engvarb from august 2015use dmy dates from august 2015articles lacking reliable references from august 2015all articles lacking reliable references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read 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