National Treasury Principal Secretary Chris Kiptoo stated that the February deadline is non-negotiable.

As of September 30, 2024, pension payments for ordinary and commuted pensions had reached Sh58.57 billion, but only Sh24.23 billion was covered by exc...

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

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

This shortfall is compounded by rising pension costs, driven by a wave of retirements.