The Public Service Superannuation Fund (PSSF) is set to offer its nearly 530,000 members double-digit returns, following continued growth in membership and assets under management.
The government-backed pension fund has seen its assets under management grow to Sh340.4 billion in its five years of operations. According to the fund’s management, pension funds are increasingly looking beyond their traditional role of securing retirement income and seeking to channel more members’ long-term savings into investments that can support broader economic growth.