Pension Schemes Stories

Treasury targets pension tax relief with new payment structure
Treasury targets pension tax relief with new payment structure
Lucy Mumbi  |  Nov 03, 2024

The proposals suggest raising the monthly deductible pension contributions from Sh20,000 to Sh30,000.

Taxpayers risk losing millions due to pension payment irregularities, audit reveals
Taxpayers risk losing millions due to pension payment irregularities, audit reveals
Maureen Kinyanjui  |  Oct 15, 2024

In the last Financial Year 2023-2024, payments amounting to Sh350 million were made to 2,950 deceased pensioners.

High Court quashes bid for special pension scheme for governors, deputies
High Court quashes bid for special pension scheme for governors, deputies
Abdirahman Khalif  |  Jul 31, 2024

The SRC argued that the proposed pension scheme was neither affordable nor fiscally sustainable.

Garissa youth urged to join pension schemes for future financial security
Garissa youth urged to join pension schemes for future financial security
Issa Hussein  |  Apr 17, 2024

RBA CEO called upon government agencies and non-state actors to intensify awareness campaigns and encourage individuals to save a portion of their ear...

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