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KCB and NBK material announcement
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obiero
#161 Posted : Saturday, July 13, 2019 4:15:15 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
@vvs ls this what you mean..
COOP, IMH, KEGN, KQ, MTNU
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VituVingiSana
#162 Posted : Thursday, July 18, 2019 6:43:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#163 Posted : Thursday, July 18, 2019 8:09:30 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
@vvs thanks for this
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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whiteowl
#164 Posted : Thursday, July 18, 2019 12:31:14 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
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Ericsson
#165 Posted : Thursday, July 18, 2019 1:32:06 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
whiteowl wrote:
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
Government wants to borrow your money cheaply
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana
#166 Posted : Thursday, July 18, 2019 5:14:03 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
Government wants to borrow your money cheaply
Within the next 5-10 years, I expect the Retirement Age - to claim benefits/payouts - to be increased. This means NSSF has will have more time to hang on to your money.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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  | | Edit by moderator: Thursday, July 18, 2019 5:35 PM | Reason: url spacing
obiero
#167 Posted : Thursday, July 18, 2019 9:37:57 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,320
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
Government wants to borrow your money cheaply
Within the next 5-10 years, I expect the Retirement Age - to claim benefits/payouts - to be increased. This means NSSF has will have more time to hang on to your money.
Kuwa serious! Even after deletion of the employer fund clause you still believe that NSSF are not done. Can they really go above 60 years?
COOP, IMH, KEGN, KQ, MTNU
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  | | Edit by user: Thursday, July 18, 2019 9:40 PM | Reason: Not specified
VituVingiSana
#168 Posted : Thursday, July 18, 2019 10:02:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
Government wants to borrow your money cheaply
Within the next 5-10 years, I expect the Retirement Age - to claim benefits/payouts - to be increased. This means NSSF has will have more time to hang on to your money.
Kuwa serious! Even after deletion of the employer fund clause you still believe that NSSF are not done. Can they really go above 60 years?
Yes. Save this post and refer to it in 2029.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Ericsson
#169 Posted : Thursday, July 18, 2019 10:47:43 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,820
Location: NAIROBI
obiero wrote:
VituVingiSana wrote:
Ericsson wrote:
whiteowl wrote:
VituVingiSana wrote:
Treasury bars early access to pension money https://www.nation.co.ke...8730-15cxsagz/index.html
Just after auditor general revealed that 67 billion pension money was paid to ghost workers.
Government wants to borrow your money cheaply
Within the next 5-10 years, I expect the Retirement Age - to claim benefits/payouts - to be increased. This means NSSF has will have more time to hang on to your money.
Kuwa serious! Even after deletion of the employer fund clause you still believe that NSSF are not done. Can they really go above 60 years?
This was for mostly the occupational pension scheme/company sponsored. NSSF holds 20% of the entire retirement/pension schemes assets
Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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VituVingiSana
#170 Posted : Thursday, July 18, 2019 11:09:47 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,375
Location: Nairobi
Why Rotich locked up Sh385bn pension cash for workers below 50 years https://www.businessdail...200464-uw8028/index.html @Wazua Admin - Please transfer the "Pensions" thread/posts to its own thread so this goes back to KCB/NBK.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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