Why Kenyan workers are cashing out their pensions
For many Kenyan workers, leaving a job can mean making an uncomfortable choice between securing their future and paying for the present. A new retirement survey found that 53% of respondents who left employment or a business with accessible pension savings withdrew at least part of the money, even though 65% of those who withdrew understood the consequences for their retirement and 53% later regretted the decision. Much of the money went towards businesses and farming, followed by living...
