The Government Spokesperson Isaac Mwaura has announced the rollout of a new Information Management System for pensions, set to benefit over 100,000 pensioners across the country.
The system, which will be effective on May 1st, will be fully online, eliminating the need for paperwork. According to the Spokesperson, this digital transition is aimed at reducing human interference, improving efficiency, and ensuring that pensioners receive their payments on time.
The new e-system will automate the administration of pensions in Kenya, marking a significant step in ongoing pension reforms. In addition, pensions will now be tax-free, a move intended to encourage a stronger savings culture among citizens.
Looking ahead, the government projects that by December, the National Social Security Fund (NSSF) will have collected about one trillion shillings. Currently, the fund stands at approximately 670 billion shillings, resources expected to support key national development projects.
Mwaura also urged Kenyans to invest in post-retirement medical insurance schemes to guarantee access to quality healthcare after retirement.
This initiative signals a major shift toward digitization and improved service delivery in the country’s pension sector.
