NSSF has initiated the campaign to educate existing and potential members on the fund’s products and membership options through the recently launched web-based online registration platform geared at driving the funds membership to 2.8 million up from the current 1.4 million this financial year.
NSSF Managing Trustee Tom Odongo disclosed that the fund has embarked on the initiative as part of the ongoing corporate transformation programmes aimed at clearing misconceptions on the funds statutory mandate.
The fund, Odongo said, has been in recent months undertaken a series of strategic organisational development programmes to enable it efficiently handle a higher membership complement.
As the sole national fund charged with the responsibility of providing social security cover through a provident scheme, Odongo said NSSF is now well positioned to enhance and provide cost effective services to its members.
Among other developments geared at transforming NSSF into a customer-focused organisation, are efforts to automate its administrative functions in line with global standards.
Already, NSSF has started a web based online member registration portal http://www.nssf.or.ke/members to provide a self-service recruitment option for both the informal and formal sector members. The fund has also activated a Safaricom M-PESA Business number 333300 to facilitate convenient account top ups for existing members through their mobile phones.
“As an organisation, NSSF has covered very good ground in our corporate efforts to transform this organization to a customer focused institution, providing value to its members,” Odongo explained.
“In tandem with the institutional developments, it’s only prudent that we step up efforts to ensure that our members are well aware of the services and benefits NSSF provides.”
The corporate awareness campaign, he added will also facilitate efforts to convert the current NSSF from a provident fund into a public mandatory social security scheme. The conversion, Odongo pointed out will be undertaken through the NSSF Bill 2012; set for parliamentary presentation and debate this year.
If successfully passed through the pending parliamentary process, the bill will facilitate the statutory repealing and replacement of the existing National Social Security Fund Act (Cap. 258 of the Laws of Kenya). The proposed NSSF Bill, Odongo confirmed will provide enhanced social security products to existing members while increasing social security coverage through comprehensive benefits to all workers in line with the new Constitution and Vision 2030 ideals.
With its recent ISO certification, NSSF has also announced plans to engage in strategic investments that guarantee high returns as part of its corporate transformation strategies.
The fund, is already gearing up to act as a key player in the local Joint Venture projects scene by raising infrastructure bonds to finance the development of roads, bridges and hydropower projects to fast track national development.
On the property development front, NSSF is also seeking to develop the $1billion Hazina Village Mixed Development project. The ambitious project will feature a City within a City model incorporating more than 30,000 housing units and allied amenities including a light rail network.
Beyond the Mavoko project, also plans to enter the Meetings, Incentives, Conventions and Exhibitions (MICE) tourism segment by building an international convention centre at the fund’s undeveloped plot along Kenyatta Avenue opposite Nyayo House.
The Convention Centre will be developed alongside a high-end luxury hotel property incorporating rental apartments at the prime city plot.