Teachers say no to pension deductions - News Summed Up

Teachers say no to pension deductions


By OUMA WANZALAMore by this AuthorTeachers have rejected deduction of 7.5 per cent of their salaries towards their new pension scheme starting this month, saying they had not been consulted. Kenya National Union of Teachers secretary-general Wilson Sossion said while teachers agree that the Pension Act has been in place since 2012, they are not aware of the existence of the benefits of the scheme. PENSIONHowever, sources at the TSC told the Nation that there is no official communication on the rollout of the scheme. Former Retirement Benefits Authority CEO Edward Odundo has been appointed chairman of the board of trustees of the new scheme. Kenya’s State employees have since independence enjoyed a benefit scheme that is fully paid for by taxpayers through the Consolidated Fund.


Source: Daily Nation July 10, 2017 16:30 UTC



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