Ksh118.8B pension crisis: Senators push counties to pay retirees as new system targets arrears
Originally published by People Daily — Read the original article →
County governments are under renewed pressure to settle Ksh118.8 billion in outstanding pension liabilities, as senators push for repayment plans and a new automatic deduction system seeks to prevent workers’ retirement contributions from going unpaid. The debt, reported by Retirement Benefits Authority (RBA) Chief Executive Officer Charles Machira, includes Ksh17.7 billion in principal, Ksh99.1 billion […]