retirement funds Stories

The move follows revelations that Sh244 million deducted from employees’ salaries between 2009 and 2013 was never remitted into the registered scheme.

After school fees and housing, 15 per cent of retirees channel their savings into farming, while 14 per cent start businesses.

Mbadi decried the persistent non-remittance of pension dues by counties, terming it a significant challenge to the viability of public pension systems...