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NSSF PAYS CAMPAIGN
QUARTERLY REPORT
JULY 2012 – SEPTEMBER 2012
NSSF has over the years been perceived by its members as an
institution that does not pay members their savings even when
they meet the qualifying requirements. It is believed that NSSF
pays out only when a member dies.
Below are the statistics showing the types of Benefits offered by NSSF, the
amounts and numbers of members paid per Benefits type:-
1. Age Benefit: Paid to members who are 55 years
2. Withdrawal Benefit: 50 years and out of employment
3. Exempted Employment Benefit: Paid to members subscribing to
another pension scheme
4. Emigration Grant: Paid to Members who are Permanently relocating
to another country
5. Survivors Benefit: Paid to the dependents of the deceased
6. Invalidity Benefit: Paid to a person who is incapacitated for gainful
employment
Amounts Paid Per Benefit Type
Age Benefit40%
Withdrawal Benefit22%Exempted
Employment Benefit
10%
Emigration Grant17%
Survivors Benefit5%
Invalid Benefit6%
Total amount paid: 36.6 bn NSSF PAYS: Q1 JULY – SEPT 2012
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Number Paid Per Benefit Type
Total Beneficiaries paid: 3,526
0
200
400
600
800
1000
1200
1400
Age benefit Withdrawal Benefit
Exempted Employment
Benefit
Emigration Grant
Survivors Benefit
Invalid Benefit
1245
812
611
177302
379
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NSSF PAYS: Q1 JULY – SEPT 2012
Average Time Taken To Process A Benefits Claim
36
26
21
0
5
10
15
20
25
30
35
40
July August September
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NSSF PAYS: Q1 JULY – SEPT 2012
For more information on how you can qualify for your Benefits,
visit any of our NSSF Branches
or visit our website www.nssfug.org
or contact us on our toll free line 0800286773
or on any of our social networks below
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