Few workers in East Africa have a pension cover

A garments factory at an export processing zone in Kenya. FILE PHOTO | NMG

Kenya has the highest pension coverage in the region, even though about 80 per cent of the country’s labour force is in the informal sector.

There are more than 1,287 registered retirement benefits schemes, with over 1.7 million members in the country. However, data from the Retirements Benefits Authority (RBA) shows that coverage is still low.