measures summary
The employees attached to ministries and State agencies will see a 7.5 percent portion of their salaries sliced for onward remittance to the soon to be created Public Service Superannuation Scheme (PSSS). The move was aimed at reducing the pension burden currently borne in whole by the exchequer, especially during the Covid-19 era that has depleted revenue sources. Public servants do not contribute to their retirement upkeep, a move that will increase taxpayers’ pension burden to Sh109 billion in the year starting July from Sh15 billion in 2002.
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Regions / Country
Status