Kenya. Treasury Unveils New Retirement Policy With Enhanced Benefits
The government wants to revise the pensions scheme to enable Kenyans save for a retirement home and pay for medical care after retirement. According to the draft National Retirement Benefits Policy released by the National Treasury, a significant number of Kenyans are facing challenges in accessing housing and healthcare services after retirement. The Treasury pointed out that numerous retirement plans did not allow individuals to save for the two primary needs that make up a significant portion of expenses for Kenyans...