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CPF to launch civil service pensions after court win

NAIROBI, Kenya, Sep 14 – CPF Financial Services is set to administer the Public Service Superannuation Fund after the Court of Appeal directed the fund’s Kenya breaking news | Kenya news today |

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Pension payout to retired public servants rises to record Sh145bn

Pension payout to retired public servants rises to record Sh145bn
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Ukur yataniPublic service superannuation schemeNational treasuryTreasury secretary ukur yataniEnterprise resource planning

Treasury to strip state firms role of remitting pension

Treasury seeking options for statutory deductions from the exchequer directly into the civil servant pension funds.

National treasuryRetirement benefits actPension fundsNancy gathunguPublic service superannuation scheme

Pension bill goes up by Sh40bn in 10 months

The latest data from the Treasury shows that Kenya spent Sh113.72 billion on pensions in the period under review.

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SRC seeks to slash retirement benefits to trim public wage bill

Civil servants are staring at reduced retirement packages as the SRC starts reviewing the long-standing benefits to trim the ballooning pension bill.

International monetary fundPublic service superannuation schemeNational treasuryRemuneration commissionSalaries and remuneration commissionRetirement benefitsWage billPension bill

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