RBA seeks taxman’s help to collect unremitted pension

Unremitted pension contributions rose by 12.3 percent in the year ended June 2024 to 47.16 billion, according to the RBA.

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The Retirement Benefits Authority (RBA) has sought to rope in the Kenya Revenue Authority (KRA) in its quest to collect unremitted pension deductions, which hit Sh47.16 billion as of June 2024, according to the regulator’s records.

The retirement industry regulator wants the Retirement Benefits Authority Act to be listed as one of the laws empowering the KRA for the purposes of collecting unremitted deductions.

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