Browsing tag
Join Our Telegram Group The Teachers Service Commission (TSC) has moved to eliminate delays in the processing of Pension by merging the pensions department with the human resource department. The Pension Department handles records of more than 2000 teachers retire every year. TSC intends to eliminate bureaucracies that have hindered the processing of pension details […]
Join Our Telegram Group Teachers and civil servants who are below the age of 45 years shall contribute a fraction of their basic salary to the retirement scheme beginning January 2021. Teachers and other workers of the government are set to lose 2% of their basic pay on their January payslip to cover the pension […]
Join Our Telegram Group Public service workers whereby teachers and other civil servants will start pension payouts a month after they retire. This will commence as of July 2021. This is following a plan by the treasury to ease the financial challenges they experience in the early stages after they exit employment with TSC. According […]
The Public Service Superannuation Scheme Act, 2012 (the ‘Act’) was enacted as part of Government reform initiatives in the pensions sector. Th Act established the contributory Public Service Superannuation Scheme (PSSS) in line with the policy direction issued by the Government through the National Treasury Circular No. 18 of 2010. Circular No. 18 of 2010. […]