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Counties and State up fight for control of Sh60b pension funds

By Dominic Omondi | 4yrs ago

State wants to control funds run by the Local Authorities Pension Trust and County Pensions Fund. [Courtesy]

The national and county governments are engaged in a vicious battle to control the Sh60 billion pension fund for the devolved units’ employees.

Through the State Corporations Advisory Committee (SCAC), the national government has moved to control funds being run by the Local Authorities Pension Trust (LapTrust) and County Pensions Fund (CPF) Financial Services.

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Related Topics

County Pensions Fund Local Authorities Pension Trust LapTrust CPF Pension

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