SRC rejects push for higher pension pay for ex-MPs

gitau

Salaries and Remuneration Commission (SRC) Commission CEO Anne Gitau. PHOTO | FRANCIS NDERITU | NMG

The Salaries and Remuneration Commission (SRC) has rejected a proposal to raise the amount of pension paid to ex-MPs.

The Parliamentary Pensions (Amendment) Bill 2023 by Kimilili MP Didmus Barasa, seeks to amend section 8 of the Parliamentary Service Act, to allow the former MPs who served between July 1, 1984, and January 1, 2001, to take home a monthly pension of Sh100,000.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.