Thousands of employees in Kenya risk losing part of their retirement savings because employers deduct pension contributions from salaries but fail to remit them to the respective pension schemes. While pay slips may show deductions, the money often never reaches the employee’s pension account, creating a potentially significant financial loss. This malpractice occurs in both
The Senate Select Committee on County Public Investments and Special Funds (CPISFC) met with the Multi-Agency Taskforce on pension arrears over the weekend to review progress on resolving the ballooning pension debt owed by county entities. The Committee originally recommended the formation of this Task Force after discovering massive discrepancies between the debt figures reported
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