new pension scheme to be set up by President Ruto’s Government

GOVERNMENT TO ROLL OUT NATIONAL PENSIONS STRATEGY.

President william Ruto has said the Government will roll out a National Pensions Strategy to cultivate a savings culture among Kenyans.

The President said the new pension plan will cover every adult Kenyan, including civil servants and those in the formal sector and informal sectors. The President said the new pension scheme will help the economy to grow.

“Savings provide capital for investment and investments lead to new opportunities and economic growth,” said the President.

The President was speaking after he chaired a harmonisation meeting that brought together the National Social Security Fund, the Kenya Tea Growers Association and the Kenya Tea Growers Employers Association.

The meeting held at State House, Nairobi, was aimed at unlocking the disputes that have continued to hinder effective and impactful pension contributions by workers in the country.

By Editorial Team

The Education News Hub Editorial Team is made up of vibrant and experienced editors. Brian Yano is an accomplished longtime Digital Media Journalist at Educationnewshub.co.ke with a great passion for research and fact-checking. He delivers engaging content across diverse topics, with a special interest in Education matters. On her part, Yvonne Kemunto is a journalist, dedicated to unraveling stories that matter. With a keen eye for detail and a passion for storytelling, she brings a fresh perspective to the world of media. Her commitment to detail and excellence shines through in every piece she crafts. Our newest member of the Editorial Team is Jennifer Mumbo. She is a Seasoned Multimedia Journalist with several years' experience; dating back to 2018. Jennifer has a passion for education, sports, tech, politics and entertainment. You can reach the editors at educationnewshub3@gmail.com.