Nairobi, April 8 -- A cash crunch at the National Treasury saw the government skip remitting pensions for civil servants in the six months to December 2023.

Controller of Budget Dr Margaret Nyakang'o has revealed that the government did not remit the pension for the first half of the financial year 2023/24 to the Public Service Superannuation Scheme (PSSS).

The Treasury only managed to settle arrears of Sh4.59 billion which it had skipped remitting to the PSSS between May and June 2023.

"The government of Kenya's contribution (as the employer) remitted to the PSSS had six-month contribution arrears, as the Sh4.59 billion remitted to PSSS was payment for May and June 2023," said Dr Nyakang'o in a presentation to the National Assembly's ...