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Home owners rush to pay NSSF debts

The possibility of being homeless has prompted home owners to rush to clear their debts with the national pensions fund.

They flocked to the National Social Security Fund (NSSF) offices in their hundreds to pay up, according to Christopher Khisa, a public relations officer with the fund.

He said the last two days had been busy since NSSF threatened to repossess houses occupied by defaulters if they did not settle their arrears.

According to a notice published last week, they had until Saturday to deposit the amounts they owe the fund.

“They have been coming in their hundreds to clear their arrears since we first published the notice,” said Mr Khisa.

Falling back

He said it was necessary to issue the threats to avoid the accumulation of their debts after they stopped servicing their purchase agreements. 

“We realised they were falling back on their repayments and decided to respond in a way that would get them back on their repayment schedules,” Mr Khisa said.

He added that based on a similar notice issued last December, the fund had established that the home owners were prompt to settle their debts under the threat of eviction.

Those who fail to either pay in full or reduce their debts would be evicted, emphasised the officer.

“The majority of the arrears owed to the fund are below Sh500,000. We are trying to keep them at minimum so that the number of defaulters can also be low,” said Mr Khisa.

Residents from Kitisuru, Mountain View, Nyayo Embakasi Phase One to Four and Hazina estates were among defaulters cited in the latest notice.

Hazina estate in South B has 44 defaulters, Mountain View estate on Waiyaki Way, nine, Kitisuru 17 while most of the defaulters are in the newly built Nyayo estate in Embakasi with 552.

Three days

In the December notice, the estates targeted were Mountain View, Kitsuru, Kibera, Highrise, Tassia I, Embakasi II and Embakasi III estates. All owed the fund Sh51 million.

Mr Khisa said a few defaulters were yet to turn up, barely three days to the deadline.

“Last year defaulters who were unable to settle their debts worked out a repayment time line with our customer service managers,” he said.