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...
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...
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...
Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...
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...
The committee was shocked to learn that for 15 years, the university deducted employee contributions but failed to remit both employee and employer co...
The Auditor-General also questioned why the idle funds were not invested in interest-earning accounts, estimating a missed opportunity to earn Sh21 mi...
The diversion of funds has left many retirees, some of whom have passed away, without the financial support they worked hard to secure during their em...
Stakeholders agreed to form two multi-agency technical committees to address the concerns raised by county workers.
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