What is pension reform

The mandatory retirement age for public servants is 60 years old. The amendment has sparked moral and financial debates. The Retirement Benefits Authority of Kenya has welcomed the amendment, as it seeks to ensure that employees nearing retirement age have sufficient retirement savings. In addition to consulting employees on these changes, employers may want to ensure that company pension scheme rules and trust deeds are updated in accordance with the amendment. The Kenyan government has taken steps to improve compliance with employee registration rules.

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