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Tame wage bill lest it hurts pension system

NAIROBI: A section of the media, public and opposition scoffed at President Uhuru’s statement to the effect that to pay teachers the 50-60 per cent salary award, the Government would have to find an additional Sh118 billion to meet salary and pension obligations.

The Government runs a defined benefit plan and not a defined contribution plan, which nearly all private companies, run for their employees. 

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