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Devolved pensions owed Sh24bn dues on key date
Nairobi County staff and guests during the Laptrust/CPF 90th anniversary at Charter hall on June 3, 2019. CPF said the national government should consider settling Sh 24 billion in unremitted pension dues. PHOTO | DIANA NGILA | NMG
The pension industry Monday kicked off the 90th anniversary celebrations for the local authorities’ schemes (LapTrust) reeling from Sh24 billion dues unremitted by the counties.
County Pension Fund chief executive Hosea Kili said if paid, pension schemes will partner with the government under a private-public arrangement for implementation of the low-cost housing schemes in major urban centres.
