How new digital system seeks to ease pensioners’ pain
Treasury to issue a circular on the full migration of pension administration to the electronic e-PMIS...
✨ Key Highlights
Kenya's National Treasury is transitioning to an electronic Pension Management Information System (e-PMIS) for retired civil servants starting May 1, 2026, aiming to eliminate lengthy processing delays and enhance security.
- Only claims submitted through the new e-PMIS platform will be processed from the deadline.
- The system, piloted and now being rolled out, requires mandatory data fields like KRA PIN and national ID for claim submission.
- This digitization is expected to benefit teachers significantly, who constitute the largest group in Kenya's public workforce and have faced prolonged delays in receiving their retirement benefits.
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Under 40s drive money market funds uptake, StanChart report - April 2026
Younger Kenyans, particularly those under 40, are increasingly driving the uptake of money market funds (MMFs) in Kenya, according to a new report from Standard Chartered Bank. Safaricom's Ziidi Money Market Fund has reported strong financial performance, posting a profit after tax of Sh784.2 million for the 14-month period ending December 31, 2025. Meanwhile, Kenya's National Treasury is transitioning to an electronic Pension Management Information System (e-PMIS) for retired civil servants starting May 1, 2026, aiming to eliminate lengthy processing delays and enhance security.
