The funds cover stipends for the June and July 2025 payment cycles under the Cash Transfer for Orphans and Vulnerable Children (CT-OVC) Programme, par...
Data from the Retirement Benefits Authority (RBA) shows that members’ additional voluntary contributions fell by Sh906.7 million in 2024, declining to...
Unremitted contributions to the Social Health Insurance Fund (SHIF) rose sharply to Sh125.62 million, compared with Sh76.45 million in the previous ye...
Under the current system, government contributions only fully belong to an employee after a decade of service, and withdrawals are limited until age 5...
Between 2021 and 2024, the total fund value grew by 41 per cent, and by 182.6 per cent over the past decade since 2014, when it stood at Sh789 billion...
Under the new deal, resignation or dismissal no longer leads to total loss of benefits, as those leaving service will now qualify for gratuity and pen...
CoG Chairman Ahmed Abdullahi said he will hold discussions with Deputy President Kithure Kindiki and Treasury Cabinet Secretary John Mbadi on how to a...
Under the Bill, every MCA would contribute not less than 7.5 per cent of their pensionable earnings, while county governments would contribute not les...
According to constitutional lawyer Gibson Gisore, retirement benefits - including pensions - are safeguarded by the Constitution and relevant laws, ma...
The Senate Standing Committee on Labour and Social Welfare on Monday expressed frustration, accusing CS Mbadi of being evasive and undermining Parliam...
The Senate Standing Committee on Labour and Social Welfare now wants the CS to appear in person on August 4 after what it termed as persistent snubs a...
In the financial year ending June 2025, the government spent Sh207.19 billion on pension and gratuities, representing a steep 39 per cent jump from th...
The Judiciary has now urged legislators to expedite the Bill, which seeks to establish a dedicated pension framework for judges of the superior courts...
The corporation said unprinted tickets will be automatically refunded to the mobile numbers used during purchase, while those with printed tickets wil...
Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...
CS Mbadi told the Senate on Wednesday that the current manual system has not only delayed pension disbursements but has also exposed retirees to sophi...
The audit for the financial year ending June 30, 2024, revealed that NSSF purchased government bonds worth Sh5 billion at a premium and later sold the...
Mbadi decried the persistent non-remittance of pension dues by counties, terming it a significant challenge to the viability of public pension systems...
They are requesting the court to issue a Conservatory Order and/or Interim Injunction restraining the Respondents, whether by themselves or through th...
Retirees will benefit significantly as all gratuity payments, whether in public or private pension schemes, will now be fully tax-exempt, ensuring dig...
The rise in assets under management to a record high was primarily driven by increased compulsory contributions to the NSSF in line with the ongoing i...
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