Kenya. Counties owe Sh17bn in pension fund dues
County governments owe the County Pension Fund (CPF) more than Sh17 billion in unremitted contributions, the Nation has learnt.
This emerged after the retirement fund expressed concern over delays in remittance of pension by the devolved units.
Speaking at a Naivasha hotel on Saturday during an annual general meeting, CPF chief executive officer Hosea Kili said the anomaly was posing a major challenge to the operations of the umbrella savings scheme.
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