The Treasury has started clearing a backlog of payments for retired public servants, signalling an easing cash crunch that had earlier this financial year hit the payroll for fresh retirees.
Analysis of data on expenditures from the State’s main account, the exchequer, reveals Sh31.16 billion in claims were processed and paid by the Pensions Department in May. The payouts for the month were higher than an average of Sh5.65 billion in the preceding five months from last December or a cumulative Sh28.27 billion in that period.
