Pensions Amendment Bill Stories

Unpaid pension funds rise to Sh47.16 billion, leaving Kenyan retirees at risk
Lucy Mumbi  |  Dec 02, 2024

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

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.

Relief for pensioners as Parliament passes Pensions Amendment Bill, 2022
Erick Kariuki  |  Aug 07, 2024

Sponsored by Kimilili MP Didmus Barasa (Kimilili), the bill amends the Pensions Act to establish a clear timeline for pension disbursement and expedit...

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