Public universities and county governments pushed up unremitted pension contributions by 12.3 percent to Sh47.16 billion in the year ended June 2024, exposing thousands of workers to struggles in retirement.
The Retirement Benefits Authority (RBA) says in the latest annual report that the money deducted from workers as retirement savings but not remitted to pension schemes rose from Sh42 billion, in what poses a threat to the social security of pensioners.
