Performance Audit Report on the Management of Property Investment as Implemented by PSSSF and NSSF

This performance audit report presents the audit findings, conclusions and recommendations on managing property investments. 

The audit focused on assessing whether the Prime Minister’s Office – Labour Youth, Employment and Persons with Disability (PMO-LYED) through National Social Security Fund (NSSF) and Public Service Social Security Fund (PSSSF) efficiently and effectively managed their property investments. 

This included an assessment of the planning for the investment of properties, investment property operations, maintenance of investment properties and monitoring and evaluation of the management of property investments. 

The audit covered ten financial years, from 2010/11 to 2021/22.