TSC now streamlines pension records - News Summed Up

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TSC now streamlines pension records


Teachers Service Commission (TSC) CEO Nancy Macharia chats with KNUT Secretary General Collins Oyuu during the signing of the 2021 - 2025 collective bargaining agreement. [Wilberforce Okwiri,Standard]The Teachers Service Commission has merged two of its key divisions in a move meant to speed up the processing of pension records for thousands of teachers who retire annually. The rise was attributed to a court ruling that led to the revision of pension claims for teachers who retired between 1997 and 2003. The scheme, known as the Public Service Superannuation Scheme (PSSS), will see a monthly collection of an excess of Sh3 billion. The plan, which came into force on January 1, is mandatory for all teachers under TSC, workers under the Public Service Commission, National Police Service Commission, and any other public service employees under the age of 45.


Source: Standard Digital July 16, 2021 21:00 UTC



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