Industry players say this is the only way for the sector to gain economies of scale. Kenya’s pension assets under management surpassed Sh2.3 trillion as of the end of December 2024.

Public approval is crucial for carrying out difficult reforms that can help countries lower debt and increase growth ...

Can an employee, who has earlier opted for the National Pension Scheme or the NPS shift to the UPS or the Unified Pension ...

Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...

The Unified Pension Scheme is the new retirement scheme effective from April 1, 2025. It is for central government employees.

From guaranteed pensions to market-linked returns—know the key features of both UPS and NPS before deciding what secures your ...

As employees evaluate retirement schemes like NPS and UPS, the decision-making process gets tougher, given their unique ...

UPS offers a guaranteed pension for life and 60% of it for the spouse. NPS, on the other hand, allows you to withdraw 60% of ...

The government aims to create proper rules for investing the extra contribution made by it in a separate pension fund called the pool corpus under the newly launched Unified Pension Scheme (UPS).

The finance ministry is developing investment rules for the pool corpus under the Unified Pension Scheme (UPS) to ensure long ...

The UPS was approved by the central government in August last year to provide a guaranteed pension to retirees with a minimum ...

All stakeholders in the NPS ecosystem must actively participate in raising awareness through both digital and offline ...