Public service pension pay lags target by Sh16.44 billion despite 25pc jump

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National Treasury & Economic Planning Cabinet Secretary Prof Njuguna Ndung'u on May 17, 2023. PHOTO | DENNIS ONSONGO | NMG

Payment to retired public service workers lagged the target by Sh16.44 billion on a prorated basis despite growing by a quarter in the first quarter, signalling the growing burden of a fast-ageing civil service on taxpayers.

The Treasury's Pensions Department processed Sh30.83 billion in payments to retirees in three months through September, official data show.

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