How half of Sh50,000 earners are setting course for poverty in old age

More than half of workers earning less than Sh50,000 are not saving for pension, setting up thousands of Kenyans to old age poverty.

Financial service firms ICEA Lion Group reveals in a survey that 27 percent of respondents earning less than Sh30, 000 are saving for the retirement, while 45 percent of persons between Sh30,000 and Sh50,000 have no pension savings.