News

The Public Service Superannuation Scheme (PSSS) fund value has hit a record Sh142.2 billion in three years of its operation, solidifying its position as the second-biggest pension scheme after the ...
At the end of November, it was reported that the Public Service Pension Fund had a $1.9 billion “non-permitted surplus” as of March 31, 2024. The fund’s total assets were valued at $186 billion.
Public sector workers will have to work until they are aged 70 to qualify for a full pension, employees heard in a ...
A forensic pension investigator was hired to provide clarity about the fund’s investments, the high fees it pays to big Wall ...
Former Tana River Governor Hussein Dado has been appointed as the Non-Executive Chairperson of the Public Service ...
In recent years, the handling of the nation’s largest public pension fund has caused growing alarm among a group of retirees who rely on it. They have sought an outside audit of California’s ...
The Public Bill Committee will meet for the first time on Tuesday 2 September to scrutinise the Pension Schemes Bill line by line. and is expected to report by 5.00pm on Thursday 23 October 2025. When ...
Both big California public pension funds emphasize that they are long-term investors with diverse portfolios that do not rely solely on the stock market, but both are also under pressure to meet ...