Over 20,000 people from the public sector in Kenya among them teachers and civil servants will retire from active employment this year; according
to information in the Human Resource Planning and Succession Management
Strategy for Public Service, 31 per cent of staff
at both national and county level are between 50 and 59 years old.
The number of retirees is expected to triple nationally as over 40,000 people are also set to retire from the private
sector.
Without a good financial plan these
retirees are threatened with sudden lack and unforeseen reduction in social and economic resources needed to enjoy or live a dignified life upon their retirement.
Member sensitization
Member sensitization
The
financial future and social wellness of every retiree is dependent on the
saving and plans he or she makes at the time of his or her employment.
The
Kenyan worker retirement plan is a priority, and for
it to succeed, Workers or members of an organization or institution must be
empowered to, decide, invest or contribute to a retirement savings plan.
Ms Linda chebet an instructor takes through members who are about to retire from service on the retirement savings plan |
Imarisha
Sacco is running a Senior citizens Savings Account sensitization programme.
Chairman supervisory board Mr.Peter Sigei. |
Benefits
Imarisha Sacco FOSA senior citizen savings account is aimed at giving members the strength to move and rekindle old hobbies or start new ones upon retirement.
Imarisha Sacco FOSA senior citizen savings account is aimed at giving members the strength to move and rekindle old hobbies or start new ones upon retirement.
By contributing to the Imarisha senior citizens account your money earns an interest annually and can be accessed upon retirement” Mr.Sigei concluded.
Retirees
can now live a happy, free and active lifestyle
upon their retirement,they can start new ventures or improve existing projects such as farming, build
rental houses, see your children through school, build or make expensive
repairs in your homes and other premises.
You can now start contributing to this account so as to enjoy your golden years without any hustle.
@imarishasacco
You can now start contributing to this account so as to enjoy your golden years without any hustle.
@imarishasacco
.
.
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