Kenya. Concern over county governments failure to remit employee pension
County governments have not remitted Sh30 billion to employees’ pension and provident funds. According to CPF Financial Services Group, the administrators of both schemes, counties had not remitted Sh12 billion to the Local Authorities Provident Fund (LapFund) as at September 30 2017.
The devolved units had also not remitted Sh18 billion to the Local Authorities Pensions Trust (Laptrust), according to an earlier report by CPF Group. “We had earlier revealed that county governments have not remitted Sh18 billion to Laptrust. We can also now confirm that the same administrations have not remitted another Sh12 billion to LapFund,” said the administrator’s chief executive officer, Hosea Kili.
LapFund is a defined contribution retirement benefits scheme catering for all employees of county governments, urban areas, cities, and towns (formerly local authorities) and associated institutions, including all members of the county assembly (MCAs).
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