KENYA - President Mwai Kibaki has announced plans to increase the minimum pension for retired public servants by 400%.
Speaking at the 43rd Anniversary of Madaraka Day, Kibaki announced an increase from KES 500 (US$7) per month to KES 2000 (US$28) per month. “Pensions will also be adjusted every two years taking...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
