Regulatory body overseeing Kenya's retirement benefits sector, which reported Sh73.14 billion in unremitted contributions across schemes as of December 2025.
… nges that are happening in the industry.” Kiptoo, speaking during an update on the fund's performance, noted that while PSSF is anchored by an Act of Parliament, it still operates within the confines of the Retirement Benefits Act, as overseen by the Retirement Benefits Authority …
… According to the Retirement Benefits Authority’s June 2026 Industry Brief, pension assets under management rose by 12.66 per cent in the six months to June 2026, from Ksh.2.811 trillion in December 2025 to Ksh.3.167 trillion. …
… The Retirement Benefits Authority’s data shows that unremitted contributions across Kenya’s retirement benefits sector stood at Sh73.14 billion in December 2025. …
… New data from the Retirement Benefits Authority (RBA) and contrasted against the 2026 Economic Survey Report by the Kenya National Bureau of Statistics (KNBS) shows that early pension withdrawals are rising nearly three times faster than formal sector job creation, raising concer …
… The data similarly shows returns on the same improved by 53 per cent in 2025 compared to 2024, crossing the Sh2 billion mark.The numbers from the Retirement Benefits Authority (RBA) show that in 2025, assets in commercial paper and corporate bonds closed at Sh17.4 billion compare …
… Retirement Benefits Authority (RBA) Chief Executive Officer Charles Machira has similarly argued that while government securities provide stability, excessive concentration in a single asset class also presents investment risks. …
… The latest Gazette further reappointed Gilbert Maluki as Non-Executive Chairperson of the National Irrigation Authority and renewed the tenure of several members of the Retirement Benefits Authority Board. …
… Retirement Benefits Authority (RBA) representative Peter Mugambi said the two schemes have consistently demonstrated strong performance since their inception, earning top ratings from the regulator. …
… According to the Retirement Benefits Authority, Kenya's pension sector has now hit Sh2.81 trillion.With 4.5 million active contributors and an estimated 350,000 to 400,000 formal retirees drawing steady income, a financially capable consumer base is emerging. …
The Public Service Superannuation Fund plans to introduce mortgage and post-retirement medical savings products and expand to contract workers as part of a diversification strategy, with a Bill before the National Assembly to enable the changes and rebrand under PSSF.
The Public Service Superannuation Fund plans to introduce mortgage and post-retirement medical savings products and expand to contract workers as part of a diversification strategy, with a Bill before the National Assembly to enable the changes and rebrand under PSSF.
The Octagon Umbrella Retirement Benefits Scheme grew its fund value to Ksh.3.2 billion from Ksh.2.9 billion, with an aggressive investment portfolio that recorded a 19.1 per cent return in 2025, outperforming the umbrella fund market average of 12.37 per cent. Membership increased by 22 per cent, with more than 200 employers participating.
An opinion piece argues that timely pension remittance by employers is essential to secure retirement benefits for workers. It notes that unremitted contributions across Kenya's retirement benefits sector stood at Sh73.14 billion in December 2025, representing deductions taken from workers' payslips that were never transferred to their schemes.
Justice Gregory Mutai quashed a Sh709 million cost award by the Retirement Benefits Tribunal in a dispute over Sh7 billion pension payout, ruling that Standard Chartered Bank was not given a chance to be heard before the decision was made. The judge directed the tribunal to hear and determine the issue afresh before deciding whether the bank should shoulder the costs incurred by former employees.
Data from the Retirement Benefits Authority shows early pension withdrawals are rising nearly three times faster than formal sector job creation, with workers increasingly accessing retirement savings years before retirement as economic hardship forces them to cash out after leaving their jobs.
Pension fund investments in commercial paper and corporate bonds grew 77.6 per cent in 2025 to Sh17.4 billion, the highest growth in five years, fuelled by double-digit returns on notes listed on the Nairobi Securities Exchange. The growth coincides with major bond listings by Safaricom and East African Breweries Ltd, both oversubscribed at over 150 per cent.
Kenya is preparing to unlock pension savings to finance major infrastructure, manufacturing and county development projects following the enactment of the National Infrastructure Fund Act, 2026, which creates a vehicle for mobilizing long-term capital from pension funds and other sources into strategic national projects.
President William Ruto has appointed Moses Wekesa Mwambu Mabonga as Non-Executive Chairperson of the Energy and Petroleum Regulatory Authority (EPRA), replacing Adan Haji Ali, who moves to chair the Public Benefit Organizations Regulatory Authority. The gazette also announced several other board appointments across energy, communications, irrigation, and other regulatory authorities.
Two retirement schemes sponsored by Equity Life Assurance posted double-digit returns above the industry average in 2025, with combined assets under management surpassing Ksh.900 million, reflecting disciplined investment management and growing member confidence.
Growing numbers of upper and middle-class retirees across Africa are settling in gated estates, satellite towns and master-planned suburbs rather than returning to ancestral villages, with infrastructure replacing kinship as a retirement safety net. By 2050, Africa's urban population is projected to double from 700 million to 1.4 billion, with six out of ten Africans expected to live in cities.
Kenya's Nairobi International Financial Centre certified 15 new companies expected to mobilise more than US$200 million in investment and create over 1,000 direct and indirect jobs across sectors including digital finance, artificial intelligence, climate finance, and fintech.
TelPosta Pension Scheme has conducted education and outreach forums across seven cities to improve benefit processing, enhance transparency, and address member concerns about payment timeliness, pension clarity, and customer support.
Kenya's pension industry has grown to Ksh.2.81 trillion (16.05% of GDP), with Ksh.554 billion added in 2025 alone at 25% annual growth, but more than half of assets remain invested in government securities rather than productive business investment.