pension arrears Stories

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...

Public institutions are responsible for Sh54.4 billion of the unremitted funds, while Sh2.4 billion is owed by private sector entities.

State agencies in the Ministry of Roads and Transport are the largest contributors to the pending bills crisis, with debts totalling Sh173.7 billion.

In Kenya, employers who delay sending pension money are fined Sh20,000 or five per cent of the unpaid amount every month.

According to Mbadi, the team will develop a strategy that allows county governments to clear outstanding pension liabilities.