New push for universal social security policy

A new initiative is spearheading a push for a transformative universal social security policy in Kenya, advocating for a system that provides retirement benefits to all citizens, including the vast informal sector.

 The Pension Club International (PCI), championed by Dr Hosea Kili, managing director of CPF Financial Services Group, proposes funding the scheme, at least in part, through taxes. 

Dr Kili argues the current pension model is flawed due to its heavy reliance on the formally employed.

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 The Pension Club International (PCI), championed by Dr Hosea Kili, managing director of CPF Financial Services Group, proposes funding the scheme, at least in part, through taxes. 

Follow The Standard
channel
on WhatsApp