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Governors pick fight with Lapfund over pension funds

Governors have picked a fight with the Local Authorities Provident Fund (Lapfund) over its decision to take over the management of retirement benefits of county employees.

In a statement published in the dailies yesterday, the Council of Governors accused the fund of violating the Constitution by presenting Lapfund as the new manager of county retirement schemes under the banner of “County Government Retirement Scheme (CGRS)”.

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