Nairobi, Feb. 1 -- The National Social Security Fund (NSSF) reported a paper or revaluation gain of Sh46.06 billion on its assets in the 12 months to June 2025, up from Sh2.98 billion the previous year, reflecting the higher market prices of its bonds and equities holdings.

This fair value gain is a measure of capital gains on assets such as bonds, equities and property that remained in the fund's books over the period. These gains remain unrealised until a time when the fund sells the assets.

The fund rode on these revaluation gains and an increase in investment income to Sh55.8 billion from Sh39.6 billion to report a 152 percent jump in net investment income to Sh105.3 billion in the period, setting up pension savers under the fund fo...