County Pension Scheme law aims to end agony of thousands of retired employees
The trouble of retired employees of the former municipal councils and the county governments while accessing their pension may finally end. The National Assembly Committee on Labour and Social Welfare has finished drafting the County Government Pension Scheme Bill 2016. Kilifi Senator Stewart Mwadzayo, chairman of the committee, said the Bill aims at safeguarding the pension. Currently, Lapfund and Laptrust are the two pension schemes to which county workers contribute. There are increasing concerns that many employees might lose their money due to lack of strong laws. “The Bill will enable workers to know what happens to their money and how they will receive it once they reach the retirement age,” he said in Mombasa on Friday. Council of Governors chairman Peter Munya wants the funds to be under the control of county governments.