County workers’ pension assets grow 25pc to Sh79bn

The CPF Individual Pension Scheme recorded the biggest growth of 42.4 percent, with assets rising from Sh2.88 billion to Sh4.11 billion.

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County workers' pension savings grew by Sh15.8 billion to Sh79.8 billion last year, driven by an 8.8 percent return and growth in the number of workers covered under the schemes.

The CPF Group, which administers pension for the County Pension Fund (CPF) and Laptrust Defined Benefits (DB) Scheme, reported that net assets in the two schemes grew from Sh63.9 billion in 2023 to Sh79.8 billion in 2024.

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