Kenya will use a staggering Ksh2.4 trillion ($18.6 billion) to pay some 300,000 public service retirees, according to the National Treasury, reflecting the monumental burden on the country's national budget.
The latest disclosures on public pension liability are part of the ongoing valuation of public assets and liabilities, as the government transitions from cash-based to accrual system of accounting. The valuation began on July 1, 2026.
