Now Kenyans can save for medicare in retirement

Alexander Forbes Group Chief Executive Sundeep Raichura (left) and Director James Olubayi during the launch of a post—retirement medical scheme. [PHOTO:WILBERFORCE OKWIRI/STANDARD]

NAIROBI: Employees can now save for medical costs they will incur in retirement.

This is after financial service provider Alexander Forbes launched a post-retirement medical (PRM) plan that will see employees aged between 18 and 55 years contribute funds for medical purposes in their sunset years.