Treasury launches ePension system

Kenya's pension system is undergoing a major digital transformation as the government sets a firm December 31st, 2024 deadline for all pensioners to register through the new ePension portal. This move comes as unpaid pension funds have swelled to Sh47.16 billion, affecting thousands of retirees across the country.

The Treasury has rolled out a comprehensive digital system aimed at streamlining pension payments and addressing the significant backlog. The new platform promises to reduce processing times dramatically, turning what traditionally took months into a matter of days. A key feature of the system is its integration with other government databases and the requirement for biometric verification of all pensioners.

"Pensioners who fail to register by the deadline risk experiencing payment delays," warns the Treasury. The urgency of registration is underscored by the current situation, where thousands of Kenyan retirees face challenges due to delayed payments, largely attributed to verification difficulties in the existing system.

The digital transformation initiative represents a significant step forward in modernizing Kenya's pension management system. By implementing biometric verification and database integration, the government aims to ensure more efficient, transparent, and timely pension disbursements while addressing the substantial backlog of unpaid benefits.

For pensioners looking to register, the ePension portal is now live and accepting registrations. The Treasury emphasizes that early registration will help ensure smooth transition and uninterrupted pension payments into the new year.