March 18, 2025
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March 18, 2025
2025 RETIREMENT BENEFITS SECTOR OUTLOOK BREAKFAST
Summary of the discussion. Industry Status and Challenges Current pension coverage stands at 26% with KSh 2.1 trillion in assets (15% of GDP) 55% of pensioners receive less than KSh 20,000 monthly pension 57% of pensioners feel their retirement savings are insufficient Unremitted contributions have reached KSh 57 billion as of December 2024 Over-concentration of […]