retirement savings Stories

Kenya’s pension assets soar to record high, surpassing Sh2 trillion
Alfred Onyango  |  Sep 04, 2025

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...

MPs question Sh1.4 billion fee as KBC pension scheme faces collapse
Maureen Kinyanjui  |  Jul 30, 2025

MPs also heard the tragic story of Peter Kimeu, a retiree who died while queuing at a hospital after failing to get treatment due to delays in receivi...

Kenyans using pensions for school fees, housing, raising alarm on retirement readiness
Maureen Kinyanjui  |  Jun 26, 2025

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

Retirees to receive tax-free gratuity in major policy shift
Maureen Kinyanjui  |  Apr 30, 2025

Retirees will benefit significantly as all gratuity payments, whether in public or private pension schemes, will now be fully tax-exempt, ensuring dig...

CBK survey shows more Kenyans saving with NSSF to secure future in retirement
Maureen Kinyanjui  |  Dec 20, 2024

This growth is attributed to the full implementation of the NSSF Act, which was previously delayed due to a court injunction.This growth is attributed...

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