New push for universal social security policy

 The Pension Club International (PCI), championed by Dr Hosea Kili, managing director of CPF Financial Services Group, proposes funding the scheme, at least in part, through taxes. 

Dr Kili argues the current pension model is flawed due to its heavy reliance on the formally employed.

“That is why I find it failing. We are yet to introduce what we can universal social security where the state works with the citizens to enable everyone to enjoy a pension on retirement,” he stated during the PCI launch in Nairobi.

"We don’t have a unified formal structure on how to deal with people when they leave employment.

Through education and advocacy, PCI seeks to cultivate a savings culture from a young age, empowering Kenyans across all life stages.