More than half of all pension benefits paid in Kenya last year went to workers who withdrew their retirement savings before reaching retirement age, highlighting growing job insecurity and the inability of many formally employed Kenyans to preserve long-term wealth amid mounting economic pressures.
Levis Damian
Economics and Medical WriterRising job losses and financial pressure are forcing more formally employed Kenyans to cash out their retirement savings early, turning pensions into a survival fund instead of a foundation for a secure retirement.
Published: 3 months ago
Published: 3 months ago
Levis Damian
Economics and Medical WriterPublished: 3 months ago
Published: 3 months ago
Published: 3 months ago
Published: 3 months ago