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State fails to remit Sh1.2bn to civil servants’ pension
Players in the pensions industry have raised alarm against the non-remittance of deductions highlighting the impact to not just savers but also the execution of State projects.
The government has failed to remit deductions of Sh1.2 billion to the civil servants’ pension scheme, risking a loss of returns to workers in Kenya's troubled retirement benefits system.
According to the Office of the Auditor General, the Public Service Superannuation Fund (PSSF) had a balance of Sh10.6 billion at the end of June 2025 relating to unremitted employer and employee contributions due to the fund.
