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No more siphoning of workers’ money from NSSF, says Atwoli

15 September 2014, 17:29 Samuel Kisika

Nairobi – COTU Secretary General, Francis Atwoli, has lauded President Uhuru Kenyatta for assenting to the Finance Bill saying it will curb siphoning of workers’ money from the National Social Security Fund (NSSF).

Atwoli said the Presidential assent to the Bill, which ensures the rights of workers and employers are represented in the NSSF Board, provides for accountability and amicable decision-making among the involved parties.

President Kenyatta assented to the Finance Bill on Sunday.

“I laud the President for assenting to the NSSF’s Finance Bill which states that for any decision to be made by the Board, the workers and employer representatives should be included,” said Atwoli.

Also Read: Pension managers eye NSSF benefits

“This is what COTU has been fighting for and no business will be conducted to siphon the workers' money without the Board’s full quorum,” he added.

Atwoli added that elected leaders should be respected and supported in all their relevant decision-making moves and assured that he will work with the Labor Cabinet Secretary to better lives of workers.

“Kazungu Kambi, has been appointed by the government and vetted by Parliament to serve the nation; I have no alternative but to work with him and he has no alternative but to work with me,” said Atwoli.

He also said COTU does not have the schedule for the NSSF Board meetings and that its chairman will have to invite them when they plan to convene one.

Also Read:  Court suspends order retiring Atwoli from NSSF board

Atwoli had earlier criticized United Republic Party MPs for trying to oppose the changes in the Bill, and had warned that if the Bill is not signed, then billions of workers’ money could be exposed to abuse.

The President’s approval of the Bill now allows Atwoli and Jacqueline Mugo of the Federation of Kenya Employers to be present in every NSSF Board meeting despite Kambi’s earlier move to axe them.

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