Boost for pensioners as Treasury puts in extra Sh5b budget request

NSSF building, Nairobi photo:courtesy

Treasury has given the State’s pensions scheme an additional Sh5 billion to pay retired workers in the supplementary budget submitted to the Parliamentary Budget Committee.

The money, which if approved will push spending on pensions and gratuities to Sh60.6 billion, will go into making payments for the current month.