Nairobi, Nov. 25 -- High Court has stopped the implementation of the Retirement Benefits (Mortgage Loans) (Amendment) Regulations, 2020 which allows workers to withdraw part of their pension to buy a home.

Justice Anthony Ndung'u said that the amendment to the law was done through an irregular and flawed process because Parliament did not allow for public participation.

The law change, signed in 2020 by former Treasury CS Ukur Yatani, allows workers to access up to Sh7 million or a maximum of 40 percent of their retirement savings to buy their first residential house.

"Article 10 provides the national values and principles of governance which bind Parliament when it legislates and Article 118 provides that Parliament shall conduct its ...