PROPOSED CHANGES TO PENSION PROVISIONS IN THE FINANCE BILL 2025
To sustain and strengthen ongoing pension reforms, the government of Kenya has proposed several strategic measures in the 2025 Finance Bill. These include the complete separation and de-linking of governance between the Public Service Superannuation Scheme (PSSS) and the non-contributory pension scheme, enhancing transparency and accountability.
Additionally, the government plans to modernize public service pension administration through digitization and the re-engineering of pension management systems. To ensure the long-term sustainability of pension benefits and to protect entitlements, an actuarial valuation will be undertaken.
Please click the button below to access and download the full article.