The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Unremitted contributions to pension schemes increased from Sh61.8 billion in 2023 to Sh69.4 billion in 2024. [Courtesy]
Unremitted contributions to pension schemes more than doubled to Sh14 billion as businesses struggled with the second phase of enhanced deductions to the National Social Security Fund (NSSF) that kicked in February 2024.
Data from the Retirement Benefit Authority (RBA) also shows that this is the period post-retirement medical fund dropped drastically to Sh249.1 million.
Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.