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“Expect More Deductions”, Ruto Tells Salaried Workers.

Vee K by Vee K
November 1, 2022
in Business News
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“Expect More Deductions”, Ruto Tells Salaried Workers.
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Bad news to Kenyan workers after the newly formed government finalized on how salaries will be cut off to raise more money for the state.

President William Ruto’s push to raise more revenue and cut borrowing is risking to reduce further the take-home pay of formal sector workers.

Workers will be forced to get a monthly pension contribution of a maximum of 6 per cent of their salaries to the National Social Security Fund (NSSF).

The NHIF expenditure has also been increased which means workers who benefit from the program will have to pay extra money.

According to data tabulated by The Star, a worker earning Ksh 50,000 will be be deducted a total of Ksh 10,503 every month.

Another category will be cut ksh 178, 628 for those whose gross salaries are Ksh 500,000

Above is a full data on how workers will be deducted sourced from The Star.

 

 

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