Pension saving mediums amongst currently working population

A new report by ICEA Group shows that most working Kenyans rely on the National Social Security Fund (NSSF) as their main pension savings vehicle.

The Driving Innovation in the Pension Sector in Kenya report, released on November 20, 2025, reveals that 45 per cent of workers save for retirement through NSSF.

Voluntary pension plans account for 25 per cent, while employer-driven schemes make up 17 per cent. Another 13 per cent save through business income.

The findings highlight the continued dominance of NSSF despite growing interest in voluntary savings as Kenyans seek more flexible retirement options.