Retirees’ pay rise lifts pension bill by Sh1.5bn

Retirees: Public servants do not contribute to their retirement upkeep. FILE PHOTO | NMG

More than 300,000 retired civil servants will next month receive a three percent pay rise, adding to the cost of keeping them happy in old age as the public sector retirement costs hit Sh104.4 billion this year.

The adjustment is in keeping with the tradition of increasing the monthly pension by three percent every two years in the race to match the rising cost of living.

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