Former presidents, Kibaki and Moi's pensions shoots up to Ksh74milion

Former president Kibaki and Moi to receive Ksh74milion next year as part of their new retirement package.

 

Former presidents Kibaki and Moi will receive Ksh74milion next year as part of their new retirement package.

Mwai Kibaki and Daniel arap Moi’s pensions have been increase by 15.6 per cent next year up from Ksh64 million to Ksh74 million.

According to estimates in the supplementary budget tabled in Parliament last week, the two former presidents have will each pocket a monthly pension of KSh3 million.

The figure is even higher than President Uhuru Kenyatta’s official salary of Ksh1.5 million.

ADVERTISEMENT

This comes on the background of an ongoing health crisis where doctors and nurses are on strike demanding better pay

Kenyans were obviously not too pleased by the news and rightfully said so

“Who says there is no money to pay doctors? Former presidents Mwai Kibaki and Daniel arap Moi will see their pension increase by 15.6 per cent next year, reflecting the burden to taxpayers of keeping the former heads of state happy in retirement” Epraim Njega posted.

The High Court last year stopped payment of allowances worth millions of shillings to the two former leaders, saying they were an unnecessary burden to the taxpayer.

However the Attorney-General successfully appealed the decision, allowing the two to continue enjoying the hefty allowances.

ADVERTISEMENT

Some of the perks Kibaki and Moi are entitled to receive is a Sh379,500 monthly house allowance, fuel allowance of Sh247,500, entertainment perks of Sh247,500 and utilities of Sh379,500.

The supplementary budget indicates that the former presidents have a separate benefits budget, which currently stands at Sh58.8 million or Sh4.9 monthly. This budget will remain unchanged next year.

The law are also entitled two personal assistants, four secretaries, four messengers, four drivers and bodyguards.

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Top 10 African countries where workers earn the highest average salaries

Top 10 African countries where workers earn the highest average salaries

Linet Toto excited as she unveils sleek ride after 1 month in office [Photos]

Linet Toto excited as she unveils sleek ride after 1 month in office [Photos]

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Diwali 2022: Is Monday a public holiday in Kenya?

Diwali 2022: Is Monday a public holiday in Kenya?

Francis Gachuri biography: Career, personal life, networth

Francis Gachuri biography: Career, personal life, networth

Meet Margaret Kariuki: Kenyan actress making waves in Indian Film Industry

Meet Margaret Kariuki: Kenyan actress making waves in Indian Film Industry

10 African countries with the highest inflation rates in 2023

10 African countries with the highest inflation rates in 2023

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

ADVERTISEMENT