Mbadi taskforce to verify claims of Sh90bn unremitted county pension cash

Treasury Cabinet Secretary John Mbadi when he appeared before the parliamentary vetting committee on August 3.

Photo credit: File| Dennis Onsongo

Treasury Cabinet Secretary John Mbadi is setting up a team to verify claims that an estimated Sh90.3 billion pension savings for county staff had not been remitted to manager schemes.

The Retirement Benefits Authority (RBA), the industry regulator, said the accumulated funds had been deducted from the workers' payslips in the devolved units as of March 2024, but had not been remitted to the pension trusts.

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